Moneyness is a description of a derivative relating its strike price to the price of its underlying asset.  ( 22 min )

Learn what impact investing is and get information on some of the top impact investing firms ranked by total assets under management.  ( 22 min )

Hyperledger Iroha is a business blockchain framework designed for infrastructure projects that need distributed ledger technology.  ( 22 min )

An all-cash, all-stock offer is a proposal by one company to purchase all of another company's outstanding shares from its shareholders for cash.  ( 21 min )

Extensions, clusters, channels, and more! Discover new ways to put the "golden ratio" to work.  ( 21 min )

Here is a look at the top five oil-producing countries, which are responsible for more than half of the world’s total output.  ( 23 min )

Rates on 30-year mortgages eased by a single basis point after seven prior days of continuous growth, gaining a total of 26 basis points. Other averages saw mixed results on Monday.  ( 19 min )

The first step to finding the right financial advisor is to figure out what sort of professional financial help you need.  ( 28 min )

Brookfield Reinsurance agreed to buy the rest of American Equity Life Holding Company that it doesn't already own for $4.3 billion.  ( 16 min )

EV automaker Tesla posted another record quarter for deliveries, boosted by strong Chinese sales.  ( 17 min )

U.S. equities declined at midday on Wednesday, July 5, 2023, ahead of the release of meeting minutes from the Fed's June policy meeting.  ( 16 min )

Wolfspeed shares jumped more than 17% in early trading on Wednesday after signing a 10-year, $2 billion agreement to supply wafers for Japan's Renesas Electronics Corporation.  ( 16 min )

Meta Platforms' (META) new Threads app may have an advantage over competitor Twitter as advertising revenue slows at Elon Musk's social platform. Meanwhile, Meta's Instagram dominates the market for sponsored content.  ( 18 min )

A fixed-rate certificate of deposit (CD) is a low-risk investment instrument that has a set interest rate over its entire term.  ( 24 min )

Group term life insurance is life insurance offered as an employee benefit. Often a base amount is covered at no charge, with the option to add more.  ( 25 min )

This controversial monetary policy has been used by some of the world's most powerful economies. But does it work?  ( 21 min )

Selling out of trust diverts the proceeds from the sale of an item that is collateral for a loan to some use, often other expenses, other than paying off the loan.  ( 22 min )

It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )

An adhesion contract refers to an agreement where one party has substantially more power than the other in creating the contract terms and conditions.  ( 20 min )

Rivian shares rose after beating EV delivery estimates for the second quarter and maintaining its guidance to double production by year end.  ( 17 min )

Calculated intangible value is a method of valuing a company's intangible assets. Intangible assets include patents and other intellectual property.  ( 19 min )

UPS shares fell by about 2% in pre-market trading on Wednesday after the talks with Teamsters ended without an agreement, increasing the risk of a strike.  ( 17 min )

PowerToFly, which connects employers around the world with women in the technology field, offers subscription plans to companies for them to recruit employees.  ( 20 min )

The U.S. is looking to restrict Chinese companies' access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today.  ( 18 min )

Rodo, an online service that allows users to shop for, buy, or lease cars without setting foot in a dealership, makes money through its sales/leases and fees on dealerships.  ( 19 min )

Self-employed advisors have a number of unique expenses, but the tax benefits often compensate for the financial burdens.  ( 23 min )

Learn about the top five financial planning software programs that are most commonly used by professional financial advisors.  ( 23 min )

While the Federal Reserve normally uses short-term interest rates to manage the economy, yield curve control does that by targeting long-term rates.  ( 23 min )

Business development: Learn about the basic strategic ideas, initiatives, and activities, aimed toward making a business better.  ( 28 min )

(Bloomberg) -- Federal Reserve officials were less united at their June meeting than their unanimous decision suggested, as some favored interest-rate increases but went along with the move to leave policy unchanged. Most Read from BloombergEquity Losses Stick as Traders Digest Fed Minutes: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t t  ( 9 min )

Stocks dropped at the open Wednesday, as investors eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their meeting last month to fight high inflation, though the central bank ultimately decided to forgo a rate hike. In the end, the 11 voting members of the Fed’s interest-rate setting committee agreed unanimously to skip a hike after 10 straight increases. In Fed parlance, “some” is less than “most” or “many,” evidence that the support for another rate hike was a minority view.  ( 6 min )

A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether further rate hikes would be needed, even as the vast bulk expected they would eventually need to tighten policy further, according to meeting minutes released on Wednesday. While "some participants" wanted to move ahead with a rate hike in June because progress in cooling inflation had been slow, "almost all participants judged it appropriate or acceptable to maintain" the federal funds rate at the existing 5% to 5.25%, the minutes said. The minutes added detail to the policy statement and economic projections issued after the June 13-14 session, when the Fed ended its 10-meeting streak of rate hikes with a decision to hold the benchmark federal funds rate steady.  ( 6 min )

Less than a year after purchasing Romeo Power to secure its battery supply, Nikola is liquidating the subsidiary. The post Nikola moves to liquidate battery pack maker Romeo Power appeared first on FreightWaves.  ( 9 min )

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Wall Street fearmongers keep warning that a recession and stock market crash are just around the corner. It's time to start ignoring them.  ( 11 min )

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With a net worth of $153 billion, Amazon.com Inc. Founder Jeff Bezos can probably afford to buy any house he wants. But right now, he's renting. Bezos and his fiancée Lauren Sanchez are reportedly renting a home in Malibu, California, from legendary jazz saxophonist Kenny G for $600,000 per month. The 5,500-square-foot house comes with a huge backyard, pool, screening room and recording studio. It also has a 3,500-square-foot guesthouse. The estate gives the couple access to Little Dume Beach, o  ( 9 min )

U.S. equities declined at midday on Wednesday, July 5, 2023, ahead of the release of meeting minutes from the Fed's June policy meeting.  ( 16 min )

This year's rally started off with tech, but big names within other sectors may be showing a breadth expansion.  ( 8 min )

In the second quarter, 17.1% of people who are financing a vehicle purchase are paying more than $1,000 a month, a record. Rates could ease soon, however, as the Fed is closer to ending hikes.  ( 24 min )

The Phoenix-based semi-truck maker lost momentum because of several factors, including a fire and assembly-line modifications.  ( 28 min )

It's easy to earn a great rate on your savings or a CD, but it means looking beyond the big-name banks. Smaller players pay significantly more, and are just as safe.  ( 23 min )

Analyst Colin Langan added the auto maker to a list of stocks that could be moved up or down by significant events expected in the third quarter.  ( 24 min )

Rivian shares rose after beating EV delivery estimates for the second quarter and maintaining its guidance to double production by year end.  ( 17 min )

Digital World Acquisition Corp. said it has reached a preliminary settlement with regulators investigating the special-purpose acquisition company, and the stock is surging. Shares of DWAC—the SPAC trying to take former President Donald Trump's social-media company public—rose 13% on Wednesday morn  ( 22 min )

Netflix upgraded, Coinbase downgraded: Wall Street's top analyst calls  ( 9 min )

Two large drugmakers are advancing in early trading Wednesday. AstraZeneca's New-York listed ADR rose 2.6% shortly after the open; shares in the drugmaker sold off Monday after it reported mixed results in a trial for an experimental cancer drug. Moderna rose over 4% after [reports that it had  ( 21 min )

United Parcel Service said it hasn’t walked away from negotiations with the International Brotherhood of Teamsters, and it is encouraging the union to continue talks to avert a strike.  ( 29 min )

Over the past month, the EV-maker has posted better-than-expected delivery numbers, while Amazon.com is rolling out its vans in Europe.  ( 24 min )

2023 will surely be looked upon as the year AI went mainstream. Fueled by the rise of ChatGPT, the tech has captured the public’s imagination and it is a topic constantly hogging the headlines. Naturally, investors have also tuned in to the conversation, and AI has been driving the year’s rally in tech stocks. But there are already murmurings regarding a bubble in all things AI, so the question is: has the opportunity already played out this year? Not entirely, appears to be the opinion of one i  ( 10 min )

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The business includes operating assets of REC Solar, which Duke had acquired in 2015, development pipeline and operations and maintenance portfolio, as well as distributed fuel cell projects managed by Bloom Energy. Duke said it expects about $259 million of proceeds from this sale, which the company would use to help incorporate more than 30,000 megawatts of regulated renewable energy into its system by 2035. Duke's peers such as FirstEnergy and NiSource have also sold stakes in their subsidiaries this year as they seek to invest in cleaner sources of energy.  ( 7 min )

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The Citi CEO believes in leading with empathy.  ( 7 min )

(Bloomberg) -- For oil bulls, one of the biggest caps on prices this year is turning into a tailwind. Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeEarth Keeps Breaking Temperature Records Due to Global WarmingUS Futures Fall as China Data Saps Risk Appetite: Markets WrapLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USOil’s 10% drop so far in 2023 confounded some analyst and trader  ( 8 min )

After more than two months of negotiations, UPS and Teamsters, were unable to reach a consensus on a new four-year labor contract.  ( 7 min )

The U.S. is looking to restrict Chinese companies' access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today.  ( 18 min )

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The bubble burst has been somewhat delayed by A.I. the investment stalwart said—but said it will not delay a crash he believes is inevitable.  ( 8 min )

When the bull market roars, growth stocks ramp. Here are 3 of the best high growth stocks surging in 2023.  ( 7 min )

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Kiwi Camara earned $110 million in pay last year as CEO of CS Disco, a legal tech company worth just $500 million.  ( 9 min )

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India's Bajaj Auto launched two locally-made Triumph motorcycles on Wednesday, two days after Hero MotoCorp unveiled a locally-made Harley model and adding to the competition in the premium space dominated by Eicher Motors' Royal Enfield. The launch of the two models, made in partnership with UK's Triumph Motorcycles, sent Bajaj Auto shares to a record high of 4,900 rupees. The Triumph Speed 400 will be priced at 233,000 rupees ($2,834), Bajaj Auto said, but did not disclose a price for the Scrambler 400X.  ( 7 min )

Stock futures dropped Wednesday, as traders returning from the Independence Day break eyed headwinds for the global economy and braced for the release of Federal Reserve minutes.  ( 7 min )

Russia-Saudi oil cooperation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support the market, Saudi Energy Minister Prince Abdulaziz bin Salman told a conference on Wednesday. OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies including Russia which pumps around 40% of the world's crude, has been cutting oil output since November in the face of flagging prices. Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil supply cuts on Monday in an effort to send prices higher.  ( 8 min )

A shuttered Illinois Jeep assembly plant will be at the center of a power struggle between the United Auto Workers union and Detroit's automakers as the manufacturers double down on cutting costs to fund an accelerated transition to electric vehicles. When the Stellantis factory in the northern Illinois town of Belvidere was idled in February, it left union members in shock as they had not expected the shutdown until June. "They wanted to reduce us even more which seemed like an impossible feat," Matt Frantzen, the local union president in Belvidere, said of the decision following a prior elimination of two work shifts at the factory.  ( 9 min )

The second half of the week also has some sets of economic data that are expected, including the non-farm payrolls report on Friday. Investor focus will be on minutes from the Fed's most recent policy meeting, expected at 2 p.m. ET, as U.S. markets resumed trading after being closed for the July 4 Independence Day holiday. Traders are near certain that the U.S. central bank will hike interest rates in July after pausing last month, but have only priced in a 32% chance that it would need to deliver another hike by October.  ( 6 min )

The giant of contract electronics manufacturing sees revenue drop almost 20% year over year in June, led lower by weakness in smart consumer electronics.  ( 24 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Amazon.com and Microsoft shares slip after a report says the U.S. is looking to restrict China’s access to cloud-computing services, and Rivian extends gains after strong second-quarter production.  ( 24 min )

American car shoppers have been flocking to dealerships, shaking off concerns about rising interest rates and inflationary pressures.  ( 31 min )

The right level for interest rates will eventually be much lower, according to financial markets and Federal Reserve policy makers, but that is no certain thing.  ( 30 min )

(Bloomberg) -- The collapse of two US auto dealers and a growing pile of delinquent car loans are threatening to deliver losses in a corner of Wall Street that, until now, has been a sea of calm: the asset-backed securities market.Bonds backed by car loans made by U.S. Auto Sales and American Car Center, two used-car dealers that shut their doors earlier this year, have been veering into distress in recent weeks. Borrowers have been falling behind on payments, and Citigroup believes that some of  ( 7 min )

↗️ Netflix (NFLX): The streaming giant's stock rose 1.3% in premarket trading after reports it will fine tune its advertising strategy with more targeted ads for sponsors. ↘️ Tesla (TSLA):  ( 20 min )

Treasury Secretary Janet Yellen heads to Beijing this week to help warm the relationship between the world’s two biggest economies.  ( 27 min )

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(Bloomberg) -- Exxon Mobil Corp.’s ambitious expansion in trading is running into a thorny issue: whether or not to pay traders millions of dollars in performance-related bonuses.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyStocks Decline as China Data Saps Risk Sentiment: Mar  ( 9 min )

(Bloomberg) -- China’s largest banks cut rates for the nation’s $453 billion corporate US dollar deposits for the second time in a matter of weeks, according to people familiar with the matter, as authorities intensify measures to shore up the struggling yuan.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing a  ( 8 min )

U.S. stocks were set to drop as trading resumes on Wednesday after the Independence Day holiday, with investors looking ahead to the publication of the minutes from the latest Fed meeting. The minutes from June’s Federal Open Market Committee will be released at 2 p.m. Eastern time and [will be wat  ( 11 min )

Sweden-based Volvo Cars on Wednesday reported a 33% rise in car sales in June from a year earlier, to 66,379 cars. "The overall sales increase was driven by the company's fully electric cars which quadrupled compared to the same period last year," it said in a statement.  ( 5 min )

(Bloomberg) -- A $1.8 billion project by defaulted Chinese developer Shimao Group Holdings Ltd. failed to find a buyer at a forced auction, underscoring the lack of investment appetite amid a weakening economy. Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Emp  ( 6 min )

China's export controls on metals used in making semiconductors are "just a start", an influential trade policy adviser said on Wednesday, as it ramps up a tech fight with the U.S. days before U.S. treasury secretary Janet Yellen visits Beijing. Shares in some Chinese metals companies rallied for a second session, with investors betting that higher prices on gallium and germanium, which Beijing's export restrictions target, could boost revenues. China's abrupt announcement of controls from Aug. 1 on exports of some gallium and germanium products, also used in electric vehicles (EVs) and fibre optic cables, has sent companies scrambling to secure supplies and bumped up prices.  ( 7 min )

U.S. stocks' tendency to move in sync has plunged to near-record lows, but what might seem like a stock picker's dream may actually be a mirage, and investors may be in for a rude awakening. S&P 500 correlation - a gauge of herd behavior, which measures how closely daily returns of index constituents align over a month - slipped to 0.22 at the end of June, close to the lowest since November 2021, according to data from S&P Dow Jones Indices. Investors expect stocks to move increasingly out of sync as shown by the Cboe 3-Month Implied Correlation Index, which measures the 3-month expected average correlation across the top 50 value-weighted S&P 500 stocks.  ( 8 min )

An inscrutable investor nicknamed the “Czech sphinx” is poised for a showdown with a French spy-turned-tech billionaire in a battle for the control of one of the country’s biggest supermarkets.  ( 8 min )

"You want the riskless part of your portfolio to be absolutely riskless," financial author William J. Bernstein.  ( 24 min )

An excerpt from the second edition of William J. Bernstein's second edition of The Four Pillars of Investing: Lessons for Building a Winning Portfolio.  ( 24 min )

(Bloomberg) -- The Federal Reserve on Wednesday will shed some light on the discussions at their June meeting that left Wall Street perplexed.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Empire Is Disintegrating Bit by BitThe Federal Open Market Committee pau  ( 7 min )

The dollar drifted near the middle of its range of the past three weeks against major peers on Wednesday, as traders looked ahead to the release of minutes from the Federal Reserve's latest meeting for clues about the path for monetary policy. The dollar index - which measures the currency against a basket of six major peers, including the euro and yen - was little changed at 103.02, after tracking between 103.75 and 102.75 since early June. The dollar hovered about half a yen below the 145 level that spurred intervention by Japanese authorities last autumn, after last week briefly popping as high as 145.07 for the first time since November.  ( 7 min )

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(Reuters) -Gold stuck to a narrow range on Wednesday as investors awaited the release of the U.S. Federal Reserve's latest monetary policy meeting minutes later in the day, with a stronger dollar also weighing on prices. Spot gold was little changed at $1,923.66 per ounce by 0243 GMT, while U.S. gold futures rose 0.1% to $1,931.20. The Federal Open Market Committee will issue minutes from its June 13-14 meeting at 1800 GMT.  ( 7 min )

TOKYO/SINGAPORE (Reuters) -Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. U.S. West Texas Intermediate (WTI) crude futures were at $70.86 a barrel, up $1.07, or 1.5%, from Monday's close, having traded through a U.S. holiday to mark Independence Day without a settlement. "Oil prices came under pressure again due to lingering worries over a slowdown in the global economy and further hikes of interest rates in the United States and Europe," said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting.  ( 8 min )

Bitcoin and Ether traded little changed on Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed.  ( 8 min )

At Vanguard, one-fifth of taxable brokerage account investors aged 85 or older have nearly all their money in stocks.  ( 29 min )

(Bloomberg) -- Asian equities look set to open lower Wednesday in subdued trading following a holiday for US markets. Oil climbed as traders weighed supply cuts.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeChina Restricts Export of Chipmaking Metals in Clash With USLazard Fires Senior Banker for Inappropriate Behavior at PartyRussian General Still Missing as Defense Chief Slams MutinyBank of America Says it Started Talks With Fed After Stress Test Result  ( 8 min )

Have the markets reached the exuberant stage? Bullish sentiment has been the order of the day for a while, and the S&P 500 currently sits at 4,455, reflecting year-to-date gains of 16%. By now, the index has already surpassed the year-end target of 4,400 set by Raymond James’ chief investment officer, Larry Adam. This achievement serves as a bit of vindication for Adam. He went against the prevailing sentiment at the start of the year, which, if you recall, was decidedly bearish due to the downb  ( 10 min )

Werkgevers zetten de komende maanden hun hakken in het zand aan de cao-tafels, blijkt uit een rondgang van NU.nl. Bedrijven zijn voorzichtiger vanwege de onzekere economische situatie en vinden dat ze werknemers genoeg hebben gecompenseerd door de lonen flink te verhogen.  ( 6 min )

De Europese Commissie onderzoekt of het wettelijk mogelijk is een ​​einde te maken aan de handel in losse haaienvinnen. Ruim een miljoen Europeanen steunden een Europees burgerinitiatief daartoe, waaronder bijna 23.0000 Nederlanders.  ( 3 min )

In mei is er bijna 7,4 miljard euro aan spaargeld bij gekomen. Alleen in het eerste coronajaar, toen Nederland in lockdown zat, legden spaarders in mei meer spaargeld in.  ( 3 min )

In mei is er bijna 7,4 miljard euro aan spaargeld bij gekomen. Alleen in het eerste coronajaar, toen Nederland in lockdown zat, legden spaarders in mei meer spaargeld in.  ( 3 min )

Verzekeraar Interpolis heeft woensdag halverwege de dag al een paar honderd schademeldingen binnengekregen vanwege zomerstorm Poly. Ook zorgt de storm ervoor dat we langer moeten wachten op pakketjes of de boodschappen, terwijl treinritten en vluchten zijn geannuleerd.  ( 4 min )

Verzekeraar Interpolis heeft woensdag halverwege de dag al een paar honderd schademeldingen binnengekregen vanwege zomerstorm Poly.  ( 2 min )

Het treinverkeer in een groot deel van Nederland is woensdagochtend stilgelegd vanwege storm Poly. Reizigers die daardoor halverwege stranden, veel later aankomen of niet op hun bestemming kunnen komen, komen bij NS en Arriva in aanmerking voor een vergoeding.  ( 4 min )

Poly raast woensdag over Nederland. Met deze vier apps houd je in de gaten waar de storm het hevigst woedt en hoe laat hij zijn hoogtepunt bereikt.  ( 4 min )

Threads, Instagrams alternatief voor Twitter, is donderdag nog niet beschikbaar in Nederland. De app komt eerst uit in de Verenigde Staten en het Verenigd Koninkrijk, meldt het Ierse Independent.  ( 3 min )

Dynamische energiecontracten worden in ons land steeds populairder. Sinds het begin van dit jaar is het aantal huishoudens met zo'n contract ruim verdriedubbeld.  ( 4 min )

Dynamische energiecontracten worden in ons land steeds populairder. Sinds het begin van dit jaar is het aantal huishoudens met zo'n contract ruim verdriedubbeld.

Het treinverkeer in een groot deel van Nederland is woensdagochtend stilgelegd vanwege storm Poly. Reizigers die daardoor halverwege stranden, veel later aankomen of niet op hun bestemming kunnen komen, komen bij NS in aanmerking voor een vergoeding. Maar Arriva beroept zich op overmacht.

Poly raast woensdag over Nederland. Met deze vier apps houd je in de gaten waar de storm het hevigst woedt en hoe laat hij zijn hoogtepunt bereikt.

Mensen die wachten op pakketjes of boodschappen zullen moeten wachten tot storm Poly gaat liggen. Ook post- en flitsbezorgers blijven zoveel mogelijk thuis nu het noodweer over Nederland raast.

Veiligheidsregio Amsterdam-Amstelland heeft in allerijl een liveblog opgezet om mensen op de hoogte te houden van zomerstorm Poly. Ontvangers van een NL-Alert wordt geadviseerd updates te bekijken op het Twitter-account van Brandweer Amsterdam-Amstelland. Maar die zijn niet voor iedereen zichtbaar.

Meer dan een kwart van de werkenden is in het eerste kwartaal van dit jaar uitgevallen door stress of burn-outklachten. De stijging van het verzuim is vooral zichtbaar in de leeftijdsgroep 25 tot 45 jaar.  ( 4 min )

De Belgische vakbond CNE roept consumenten op om supermarktketen Delhaize te boycotten. Op die manier moet de supermarktketen zoveel mogelijk omzet mislopen.  ( 3 min )

In het tweede kwartaal van dit jaar zijn 92.999 hypotheekaanvragen ingediend. Dat is een daling van 34,5 procent ten opzichte van dezelfde periode vorig jaar.  ( 3 min )

Huishoudens hielden gemiddeld 547 euro per maand over in het eerste kwartaal van 2023. Dat is meer dan vorig jaar, toen we ons geld makkelijker konden oppotten door een lockdown.  ( 4 min )

Ons energieverbruik was in 2022 lager dan het in de afgelopen dertig jaar is geweest. We verstookten vooral minder aardgas, als gevolg van de hoge prijzen. Dat blijkt uit cijfers van statistiekbureau CBS.  ( 3 min )

Werkgevers zetten de komende maanden hun hakken in het zand aan de cao-tafels, blijkt uit een rondgang van NU.nl. Bedrijven zijn voorzichtiger vanwege de onzekere economische situatie en vinden dat ze werknemers genoeg hebben gecompenseerd door de lonen flink te verhogen.  ( 5 min )

The U.S. is looking to restrict Chinese companies' access to U.S. cloud computing services and minutes of the latest Federal Reserve meeting could provide clues into how it will treat upcoming rate hike decisions. Here’s what investors need to know today.  ( 1 min )

A precious metals dealer has been asked to pay $146 million in damages after over 500,000 silver coins disappeared. Robert Higgins ran a "fraudulent and deceptive scheme", says the CFTC.  ( 7 min )

(Bloomberg) -- An Asia fund manager whose investments in China shares helped her beat 99% of peers over five years is becoming less enthusiastic and turning instead to its neighbor Japan.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyOdey’s Hedge Fund Empire Is Disintegrating Bi  ( 8 min )

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(Bloomberg) -- Casino Guichard-Perrachon SA unveiled offers from rival billionaires seeking to win support of the French grocer and its creditors in a battle for control of the firm.Under the proposal made by Czech financier Daniel Kretinsky and Marc Ladreit de Lacharrière’s Fimalac — both of which are existing shareholders — the company would get a €1.35 billion ($1.47 billion) equity injection, the company said in a statement on Tuesday.Casino also outlined the details of a rival bid made by a  ( 7 min )

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Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 19 min )

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Blackstone real estate investment trust (BREIT), which recently made news for exercising a clause that restricted owner withdrawals for several consecutive months, has not taken the news lying down. The real estate investment trust (REIT) is still trying to raise money for its shareholders and recently announced the sale of $3.1 billion worth of its commercial portfolio. It also is rumored to be considering a sale of its Las Vegas portfolio. Strength in the Industrial Sector Although much of the  ( 9 min )

Brian Belski laid out a bullish scenario where better-than-expected tech and bank earnings power the benchmark index 13% higher.  ( 7 min )

For Chinese electric car manufacturers, Europe has long been a priority destination for international expansion. With its affluence, environmental consciousness, and relatively friendly attitude towards China, the continent has attracted established players like BYD as well as emerging brands like Nio and Xpeng. Despite their ambitious plans, Chinese EV makers yet to achieve the level of success they had hoped for in Europe.  ( 10 min )

(Bloomberg) -- Oil traded near $76 a barrel as traders assessed the latest efforts from OPEC+ linchpins Saudi Arabia and Russia to prop up prices by curbing supply.Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyBank of America Says it Started Talks With Fed After Stress Test ResultsMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Ri  ( 7 min )

(Bloomberg) -- Inflation, higher interest rates and declining real estate values are worsening wealth inequality in Canada, with younger households bearing the brunt of the financial pain.Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBank of America Says it Started Talks With F  ( 7 min )

Up to half of the 100 billion euro ($109 billion) special fund set up to modernize the German military will likely go to U.S. defence companies, a leading tank gear box maker said, accusing Berlin of lacking a strategy for its defence industry. "I don't believe that much of the money will be left over for the German industry," Susanne Wiegand, chief executive of Renk Group, told reporters in Munich, adding the government in Berlin did not realise the strategic importance of the defence industry. Wiegand called on the government to use the 100 billion euro fund not only to plug short-term gaps in the German military's inventories but also to help develop technologies of the future.  ( 6 min )

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Stock market history suggests the S&P 500's strong start to the year is setting the table for more gains ahead in the second half of 2023.  ( 8 min )

There's a lot to consider when it comes to retirement planning, starting with what kind of lifestyle you'd like to enjoy. For some retirees, it involves travel. For others, it can mean moving to a new location to be closer … Continue reading → The post How to Determine Your Retirement Lifestyle appeared first on SmartAsset Blog.  ( 9 min )

Pay off student loans or invest? It's an important question to consider as the answer can shape your financial future. On one hand, throwing all of your extra money at student loan debt can help you relieve that burden faster. … Continue reading → The post Should You Pay Off Student Loans or Invest? appeared first on SmartAsset Blog.  ( 10 min )

The basic concept of retirement is straightforward. If you work a certain number of years and then you are able to stop working and simply enjoy life. What's not so simple is knowing how many years you have to work … Continue reading → The post How Many Years Do You Have to Work to Retire? appeared first on SmartAsset Blog.  ( 8 min )

FRO, BRY, NAT, GNK, and TWO lead peers by forward dividend yield  ( 24 min )

Accountants who checked the inventory in the vaults said some customers didn't even have a deposit box.  ( 8 min )

The European Commission expressed concern on Tuesday over China's planned curbs on exports of strategic metals widely used in the semiconductor industry and doubt that the move was related to security. China said the control on exports of gallium and germanium products from Aug. 1 was aimed at protecting national security. "The Commission is concerned that these export restrictions are unrelated to the need to protect global peace and also stability and the implementation of China's non-proliferation obligations arising from international treaties," a Commission spokesperson told a daily briefing.  ( 6 min )

Apple now towers as a textbook case of a stock so richly valued that its future returns will likely prove extremely poor.  ( 10 min )

The two-year yield has risen more than the 10-year yield, steepening the inversion over the past few months.  ( 27 min )

Australia's fourth largest pension fund suspended new work with PwC Australia on Tuesday, the latest in a string of funds to pause work with the accounting firm over a scandal which first surfaced in January over the misuse of government tax plans. The decision by UniSuper, which manages A$115 billion ($77 billion), means five of Australia's largest pension funds, managing a total of some A$865 billion, have paused work with PwC, which says it is a "leading adviser" to the sector. UniSuper said it was concerned by recent events at PwC and the fund had suspended new contracts for the "immediate future".  ( 6 min )

(Bloomberg) -- Mackenzie Investments, one of Canada’s largest fund managers, is turning less optimistic about stocks and sees better value in bonds after the 13% rally for global equities in the first half. Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyLazard Fires Senior Banker for Inappropriate Behavior at PartyMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest PeopleBank of America S  ( 8 min )

(Bloomberg) -- Tesla Inc.’s China output increased almost 20% in June, contributing to the company’s record quarterly sales.Most Read from BloombergXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeChina Restricts Export of Chipmaking Metals in Clash With USLazard Fires Senior Banker for Inappropriate Behavior at PartyRussian General Still Missing as Defense Chief Slams MutinyBank of America Says it Started Talks With Fed After Stress Test ResultsThe US electric-vehicle maker led by  ( 7 min )

Producers have less control over global crude shifts than they would like.  ( 27 min )

Chinese cloud computing services provider UCloud Technology Co said it faces uncertainty in securing advanced semiconductors from Nvidia Corp amid high demand, as tightened US export restrictions on such chips continue to impede China's artificial intelligence (AI) development efforts. Shanghai-based UCloud, which offers infrastructure-as-a-service and AI service platforms to internet firms and traditional enterprises, on Monday told investors that its orders of Nvidia's A800 graphics processing  ( 8 min )

Bond losses and economic uncertainty are keeping potential mergers on hold—for now.  ( 32 min )

The chief executives of Pinterest, Peloton and Hertz are among those who outearn Apple’s Tim Cook—and hundreds of others who lead bigger companies.  ( 26 min )

With U.S. investors on vacation, low volumes could introduce choppy trading in cryptos, raising the prospect of a fresh local high for Bitcoin.  ( 24 min )

(Bloomberg) -- China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the US, Japan and Europe to cut Beijing off from advanced technology. But it also risks backfiring. Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeLazard Fires Senior Banker for Inappropriate Behavior at PartyBank  ( 9 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: a buy initiation at Amazon, as well as upgrades at Southern, ACM Research, and Lazard. DBS Group initiated coverage on Amazon.com (NASDAQ:AMZN) with a Buy rating and a price target of $150.00, highlighting the company’s leading position in e-commerce, its growing prime membership base, and growth opportunities for both AWS and its online advertising business. The analyst says Amazon’s retail segment is still attempting to regain profitability after facing macroeconomic challenges, but noted that the U.S. e-commerce industry is projected to grow at 12.4% CAGR - and that Amazon holds a 39% market share in US e-commerce, with opportunities to capture more of the untapped market.  ( 8 min )

Bill Gates' biggest U.S. stock investments have surged in 2023’s bull market. Shares of Republic Services and Ecoloab, in which he owns large stakes, have risen to records.  ( 24 min )

(Bloomberg) -- The rally in global shares paused Tuesday amid lackluster trading as US futures fluctuated and Japanese equities weighed down a gauge of Asia stocks.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks With Fed After Stress Test ResultsMusk, Zuckerberg Lead a $852 Billion Surge Among World’s R  ( 9 min )

(Bloomberg) -- Billionaire Cameron Winklevoss, co-founder of the Gemini Trust Co. crypto platform, outlined what he termed a “best and final offer” for digital-asset lender Genesis Global Holdco’s bankruptcy restructuring.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandMusk, Zuckerberg Lead a $852 Billion Surge Among World’s Richest PeopleB  ( 6 min )

"From what I've seen, they haven't narrowed down the countries targeted by the export restrictions, but since Japan, the U.S., and the Netherlands will naturally be included, I think it's fair to say that this is a de facto retaliatory measure." With roughly 90% of global production of these minor metals, China has hit the American trade restrictions where it hurts.  ( 6 min )

(Bloomberg) -- Bearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high as its share prices almost doubled in recent weeks, suggesting investors are skeptical the rally can last. Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks With Fed After Stress Test ResultsMusk, Zuckerber  ( 8 min )

(Bloomberg) -- Yahoo Inc. plans to return to public markets, Chief Executive Officer Jim Lanzone told the Financial Times in an interview.Most Read from BloombergChina Restricts Export of Chipmaking Metals in Clash With USRussian General Still Missing as Defense Chief Slams MutinyXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBank of America Says it Started Talks With Fed After Stress Test ResultsLazard Fires Senior Banker for Inappropriate Behavior at PartyThe internet media fir  ( 7 min )

(Bloomberg) -- China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the US, Japan and Europe to cut Beijing off from advanced technology. But it also risks backfiring. Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks With Fed After Stress Test Re  ( 9 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Bitcoin climbed above US$31,000 on Tuesday morning in Asia after Blackrock refiled its Bitcoin ETF application. Ether also gained amid institutional interest.  ( 8 min )

The Global Industry Classification Standard (GICS) and the Industrial Classification Benchmark (ICB) both assign stocks to appropriate sectors and industries. Here's how they differ.  ( 23 min )

Experts foresee mortgage rates dropping again and predict homebuying will pick up by the end of the year as home prices fall.  ( 19 min )

Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 19 min )

Gross profit margin and net profit margin are two profitability ratios used to assess a company's financial stability and overall profitability.  ( 25 min )

Tax-exempt commercial paper is short-term unsecured debt where the bondholder does not pay federal, state, or local taxes on the interest payments.  ( 20 min )

While women’s accounts lag across all generations, the 23% 401(k) gender gap for Millennials was the lowest as younger women start saving more for retirement.  ( 17 min )

A dependent care FSA allows you to save pretax dollars and can lower your taxable income to support a dependent child or adult.  ( 27 min )

SEC Form ADV-E is a certification of client assets, both cash and securities, that are held by a registered adviser, often used by accountants.  ( 20 min )

Investors have no shortage of ETFs to choose from when it comes to mid-cap companies. Here we look at five of the largest and most popular options.  ( 22 min )

The small business health care tax credit can make a difference for those who offer qualified health plans to employees through the SHOP Marketplace.  ( 23 min )

Fourier analysis uses statistics to find patterns in a time series.  ( 19 min )

A decline is when a security's price falls in value over the course of a trading day.  ( 18 min )

FRO, BRY, NAT, GNK, and TWO lead peers by forward dividend yield  ( 24 min )

Among the most popular investment vehicles, there are advantages and disadvantages to consider before investing in mutual funds.  ( 22 min )

Bitcoin—not necessarily the entire U.S. cryptocurrency market—may be on the cusp of a bullish run in the second half of 2023, according to analysts, driven by greater adoption by traditional financial firms.  ( 18 min )

Oscar, a health insurance company, makes money using technology to cut costs. The bulk of revenues come from insurance premiums.  ( 22 min )

China beperkt vanaf 1 augustus de export van twee belangrijke grondstoffen voor chips. Het land is veruit de grootste producent van germanium en gallium. De stap volgt op het besluit van het Nederlandse kabinet om de uitvoer van chipmachines naar China te beperken.  ( 4 min )

Sinds 1 juli mogen supermarkten geen eten en drinken in plastic wegwerpverpakkingen aan klanten meegeven zonder daar een toeslag voor te rekenen. Een rondje supermarkten leert dat deze bedragen variëren van 0,01 euro tot 0,50 euro.  ( 5 min )

Het wordt deze zomer druk op Schiphol. Tijdens de zomervakantie, die voor de Regio Midden vrijdag begint, kan een kwart meer reizigers vertrekken dan vorig jaar. De luchthaven verwacht gemiddeld 68.000 vertrekkende passagiers per dag.  ( 3 min )

China beperkt vanaf 1 augustus de export van twee belangrijke grondstoffen voor chips. Het land is veruit de grootste producent van germanium en gallium. De stap volgt op het besluit van het Nederlandse kabinet om de uitvoer van chipmachines naar China te beperken.  ( 4 min )

Leerlingen die vanaf 1 januari 2024 een telefoon meenemen in de klas, moeten daar een goede reden voor hebben. Het ministerie van Onderwijs komt met een dringend advies voor scholen, blijkt uit een kamerbrief van minister Robbert Dijkgraaf.  ( 5 min )

Het wordt deze zomer druk op Schiphol. Tijdens de zomervakantie, die voor de Regio Midden vrijdag begint, vertrekt een kwart meer reizigers dan een jaar eerder. De luchthaven verwacht gemiddeld 68.000 vertrekkende passagiers per dag.  ( 3 min )

Bij uitzendbureaus gaat nog steeds veel mis. De identiteit van werknemers wordt nog vaak niet nagetrokken en veel uitzendkrachten worden onderbetaald. Met name arbeidsmigranten zijn de dupe van de overtredingen.  ( 4 min )

Leerlingen die een telefoon meenemen in de klas, moeten daar binnenkort een goede reden voor hebben. Het ministerie van Onderwijs komt met een dringend advies voor scholen, melden bronnen aan ANP na berichtgeving van het AD.  ( 3 min )

Zeven grote techbedrijven, waaronder Apple en Amazon, hebben zich vanwege een nieuwe techwet bij de Europese Commissie gemeld. Met diensten waar we bijna niet omheen kunnen, hebben deze concerns een poortwachtersfunctie. Voor zulke bedrijven gaan binnenkort strengere concurrentieregels gelden.  ( 5 min )

Om personeelstekorten het hoofd te bieden, kunnen deeltijders in de kinderopvang meer uren werken. Het eerste proefproject leidt al tot resultaat. Bijna een op de vijf medewerkers heeft het eigen contract uitgebreid.  ( 5 min )

Twitter-gebruikers zijn niet blij met een nieuwe regel op het platform. En het is niet de eerste keer dat er problemen zijn. Techredacteur Rutger Otto van NU.nl legt uit wat er aan de hand is en wat de gevolgen zijn.  ( 3 min )

Techbedrijven die onze privacy schenden, benadelen bedrijven die zich wél netjes aan de regels houden. Dat heeft het Europese Hof van Justitie bepaald. Daarom mag privacyschending voortaan ook door een concurrentiewaakhond worden aangepakt. En dat kan techbedrijven fikse boetes opleveren.  ( 4 min )

De Europese draagraket Ariane 5 gaat dinsdag rond 23.30 uur voor de laatste keer de lucht in. Na bijna twintig jaar en 117 missies stopt de Europese ruimtevaartorganisatie met de raket. Maar een opvolger staat nog niet direct klaar.  ( 4 min )

Techbedrijven die onze privacy schenden, benadelen bedrijven die zich wél netjes aan de regels houden. Dat heeft het Europese Hof van Justitie bepaald. Daarom mag privacyschending voortaan ook door een concurrentiewaakhond worden aangepakt. En dat kan techbedrijven fikse boetes opleveren.  ( 4 min )

De basisbeurs is na acht jaar weer terug en dat weten studenten aan hogescholen en universiteiten maar al te goed. In twee weken tijd hebben al 209.000 studenten die basisbeurs aangevraagd.  ( 3 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Directeur Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

Meta, de eigenaar van Facebook en Instagram, brengt donderdag Threads uit. De app moet rechtstreeks met Twitter gaan concurreren. De timing is opvallend, want veel gebruikers van Twitter klagen over alle veranderingen die in korte tijd in de app zijn doorgevoerd.  ( 4 min )

Webwinkels die producten via bol.com of Amazon verkopen, worden niet scherp genoeg gecontroleerd. Dat concludeert de Consumentenbond, die heeft getest of het mogelijk was om onveilige producten via de platformen te verkopen. Vaak kon dat gewoon.  ( 3 min )

Huiseigenaren en verenigingen van eigenaren (vve's) wisten vorig jaar de weg naar verduurzamingsleningen goed te vinden. Ze leenden samen 272 miljoen euro om zonnepanelen, isolatie of warmtepompen aan te schaffen. In 2021 ging het nog om 106 miljoen euro.  ( 3 min )

Nederlanders betaalden in 2022 ruim 1,2 miljard keer met iDEAL. Op Black Friday verwerkte het bedrijf een recordaantal van 6,1 miljoen betalingen.  ( 3 min )

We kopen online weer massaal kaarten voor evenementen en pretparken. Verder besteden we meer aan vliegtickets, pakketreizen en accommodaties. Nederlanders hebben in het eerste kwartaal online 8,5 miljard euro uitgegeven, een stijging van 5 procent ten opzichte van vorig jaar.  ( 4 min )

FRO, BRY, NAT, GNK, and TWO lead peers by forward dividend yield  ( 1 min )

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A blank-check firm that was set to merge with former U.S. President Donald Trump's media company has reached an agreement with the staff of the Securities and Exchange Commission.  ( 7 min )

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Nikola in August agreed to buy Romeo Power for about $144 million in stock, as it looked to jump-start efforts to make battery packs. "Nikola is discontinuing its operations with Romeo Power and has commenced a proceeding under the California Assignment for the Benefit of Creditors (ABC) statutory scheme," a company spokesperson said in a statement on Monday. Nikola's struggles mirror those at many other EV startups.  ( 7 min )

Every investor wants a portfolio that will generate returns, but finding the right stocks for that is always a challenge. The analysts at Goldman Sachs have developed a data-based rule to sort through the mass of stocks and find the shares that are going to bring in solid returns. The key to Goldman’s ‘Rule of 10’ lies in each company’s projected sales growth – the firm looks for stocks with potential to show a multi-year CAGR of 10% or higher. According to David Kostin, the bank’s Chief Investm  ( 10 min )

E-commerce giant Amazon will deploy its first European vans from U.S. electric vehicle (EV) maker Rivian in Germany over the coming weeks as part of long-term plans to electrify its transportation network, it said on Tuesday. Amazon said 300 electric vans will hit the roads in the Munich, Berlin, and Dusseldorf regions as part of a 100,000-vehicle order it made in 2019 from Rivian, in which it is the largest shareholder. Rivian and Amazon will use a specially-designed shorter, thinner van than its U.S. counterpart to better fit the streets in Europe's cities.  ( 7 min )

The scam letter, which comes in a cardboard envelope, is designed to trick people into believing that they are owed a refund, the IRS said.  ( 6 min )

(Bloomberg) -- Buoyed by the response to its first bond issue in two years, Petroleo Brasileiro SA is considering issuing more debt this year and is poised to buy assets after spending most of the past decade selling refineries and oil-exploration blocks.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBank of America Says it Started Talks W  ( 8 min )

(Bloomberg) -- When it comes to the bond market, it’s Morgan Stanley vs Bill Dudley now.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnChina Restricts Export of Chipmaking Metals in Clash with USFrench Riots Begin to Abate Even as Economic Costs MountIn their latest assessment of the bond market outlook, Morgan Stanley strategists are challenging the former head of the Federal Reserve Bank of N  ( 8 min )

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(Bloomberg) -- Chicago’s pension burden climbed last year after the city’s retirement funds lost money due to volatile markets, deepening the long-standing fiscal woes for new Mayor Brandon Johnson.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandChina Restricts Export of Chipmaking Metals in Clash with USBridgewater’s Greg Jensen Sees a ‘Bad’ Outlook for Bonds and StocksRussian General Still Missing as Defense Chief Slams MutinyIt’s Getting a Lot Harder to  ( 6 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The refreshed filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, said that Coinbase Global Inc will provide market surveillance in support of the proposed ETF from the world's largest asset manager. The move comes after the regulator reportedly had concerns over the initial filings by Nasdaq as being unclear and incomplete. It had flagged similar concerns to Cboe related to a filing from Fidelity.  ( 7 min )

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The refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals "inadequate" since they didn't specify the name of the underlying market in so-called surveillance-sharing agreements.  ( 7 min )

(Bloomberg) -- China is clamping down on exports of two obscure yet crucial metals in an escalation of the trade war on technology with the US and Europe.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandBridgewater’s Greg Jensen Sees a ‘Bad’ Outlook for Bonds and StocksBank of America Says it Started Talks With Fed After Stress Test ResultsB  ( 7 min )

Shares of crypto exchange Coinbase Global climbed nearly 12% Monday after Cboe Global Markets refiled applications for spot bitcoin exchange-traded funds, saying it expects Coinbase to help monitor trading. The Securities and Exchange Commission returned earlier filings to Cboe and the Nasdaq becau  ( 22 min )

Benchmark's Michael Ward recommended buying shares of the used-car retailer in a research note on Monday.  ( 24 min )

Expectations of another rate hike by the Federal Reserve to tame stubbornly high inflation helped push a closely watched part of the U.S. Treasury yield curve to its deepest inversion since 1981 on Monday, once again putting a spotlight on what many investors consider a time-honored recession signal. The U.S. central bank has hiked interest rates aggressively over the last year to fight inflation that hit around 40-year highs and remains above its 2% target rate. The yield curve inverts when shorter-dated Treasuries have higher returns than longer-term ones.  ( 8 min )

(Bloomberg) -- A key segment of the US Treasury yield curve approached its most inverted level in decades Monday as traders priced in further Federal Reserve policy tightening.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandChina Restricts Export of Chipmaking Metals in Clash with USBridgewater’s Greg Jensen Sees a ‘Bad’ Outlook for Bonds and StocksRussian General Still Missing as Defense Chief Slams MutinyIt’s Getting a Lot Harder to Chase the Stock Rally  ( 7 min )

Last month, the SPDR S&P 500 ETF Trust (NYSE:SPY) marked a milestone as it closed above the threshold that delineated its exit from the longest bear market since 1948. Rising 0.6% to close at 4,293.93 on June 8, it registered a gain of more than 20% from its low on Oct. 12, 2022. The bear market ran for 248 trading days, making it the lengthiest since the 484-day run that ended on May 15, 1948. The ongoing exit from bear to bull market offers a chance for investors to reassess their investment s  ( 8 min )

Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after exchange operator Cboe said it was working with the cypto company in its effort to launch a spot bitcoin exchange-traded fund. Cboe on Friday refilled an application with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund by asset manager Fidelity.  ( 7 min )

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Executives at the cruise operator see demand accelerating as bookings of future sailings soar.  ( 24 min )

President Biden's new plan to to provide student-debt relief will likely meet the same fate as the old one. But a new repayment plan may offer struggling borrowers some relief, writes Mark Kantrowitz.  ( 42 min )

Industry executives see Beijing’s export ban on gallium and germanium as retaliation over chip curbs by the U.S. and others.  ( 32 min )

"Millennials are the first generation expected to be worse off than their parents. It’s no secret the reason why."  ( 8 min )

The electric-vehicle maker’s stock is on pace for its largest percent increase and best five-day stretch since November.  ( 30 min )

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how two of the world's largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened with the economy. The decision gave a slight boost to oil prices Monday and comes after the Saudis announced a large cut in output for July at the latest meeting of the OPEC+ coalition of oil producers — raising concerns that gasoline prices for U.S. drivers could start ticking up. The Saudi Energy Ministry said it would extend July's cut of 1 million barrels per day through August to support “the stability and balance of oil markets.”  ( 8 min )

Tesla shares are headed for their best one-day percentage gain since March after the electric-vehicle maker posted record quarterly sales. [Tesla’s stock (TSLA)](https://www.wsj.com/market-da  ( 21 min )

Five of the six largest U.S. banks announced plans to boost their dividend last week after the Federal Reserve said they could [withstand a severe recession.](ht  ( 22 min )

(Bloomberg) -- The narrative propelling the global stock rally since mid-March goes like this: The US economy will hold up fine in the face of higher interest rates, and China’s stimulus efforts will help keep that nation’s post-pandemic recovery chugging along. Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandChina Restricts Export of Chipmaking Metals in Clash with USIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnBridgewater’s Greg Jensen S  ( 8 min )

Bank of America Corp on Monday said it had begun a dialogue with the Federal Reserve to understand differing results of the central bank's stress test and the company's own under the Dodd-Frank Act. The results of the Fed's latest annual stress test released last week showed lenders including Bank of America have enough capital to weather a severe economic slump, paving the way for them to issue share buybacks and dividends. Bank of America, the second-biggest U.S. bank, has not made any announcements about its dividend or share repurchase programs since the stress test results were published.  ( 7 min )

The Chinese auto companies delivered a combined 51,902 vehicles in June, a record for any month and up from 41,280 delivered in June 2022.  ( 24 min )

The Chinese auto manufacturer sold more than 700,000 EVs in the second quarter, up almost 100% compared with last year.  ( 27 min )

The companies that make up the S&P 500 are called its constituents and include many well-known names that represent the premier companies in their industries. Find out which 25 stocks top the list.  ( 22 min )

The company produced 13,992 electric vehicles in the second quarter and sold 12,640. Investors are happy.  ( 24 min )

It’s no secret that 2023 has, so far, been a good year for investors. Stocks are showing strong gains – more than 16% on the S&P 500, and double that on the tech-heavy NASDAQ. It’s a dramatic turnaround from the bear market that plagued investors last year. These gains, and the overall positive outlook, were laid out clearly by Deutsche Bank’s head of global economics and thematic research, Jim Reid. In his recent note, Reid recalls the worries from the start of the year but looks forward to the  ( 11 min )

A correction in real estate investments trusts has put the sector on sale. Where to find 6% yields and growth.  ( 52 min )

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Many restaurant stocks have been a surprise this year. Here's why, and what may happen next.  ( 9 min )

Top growth stocks this month include Applied Digital, TG Therapeutics, and Immunovant, all of whose share prices have all gained more than 400% in the past year.  ( 24 min )

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Electric-vehicle maker Rivian Automotive said on Monday it delivered 12,640 vehicles in the second quarter, a 59% jump from the previous quarter. It produced 13,992 vehicles at its manufacturing facility in Normal, Illinois during the same period. Shares of the company rose 4% to $17.3 in premarket trading.  ( 6 min )

The company's Worldpay payments business is being valued at more than $15 billion, according to a report in the Financial Times.  ( 27 min )

Tesla delivered 466,140 vehicles in the second quarter of 2023. Wall Street was looking for roughly 445,000 to 447,000 units.  ( 24 min )

The Japanese stock market is roaring again as companies known for amassing cash hand it back to shareholders via dividends and buybacks.  ( 27 min )

(Bloomberg) -- Rivian Automotive Inc. built more battery-electric vehicles last quarter than Wall Street had anticipated as the company works to ramp up production and overcome a string of supply-chain issues.Most Read from BloombergTesla and BYD Post Record Sales on Surge in Electric-Car DemandIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountSingapore’s Star Banker Creates a Succession Dilemma for DBSThe company also reaffirm  ( 7 min )

The spread between the 2-year and 10-year U.S. Treasury note yields hit the widest since 1981 at -110.80 basis points in early trade, a deeper inversion than in March during the U.S. regional banking crisis.  ( 5 min )

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When the bull market gets going, Technology shines.  ( 7 min )

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News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The deals are expected to fund upgrades to electricity-delivery systems as green-energy competition rises.  ( 31 min )

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Stock futures kicked off the new quarter mixed on Monday, with those on the Nasdaq rising to start a holiday-shortened week as Tesla rallied after deliveries easily topped estimates.  ( 7 min )

Russia and Saudi Arabia announced plans Monday to restrict oil supplies to global markets through August. Oil prices rose, with the most actively-traded contract for Brent futures rising about 1% to trade at $76.15 a barrel. Russia will voluntarily cut its exports by 500,000 barrels a day in Aug  ( 21 min )

The popular lending and borrowing protocols have seen hefty gains over the last 24 hours, which comes on the heels of a recent Ethereum rally.  ( 7 min )

Tesla shares jumped 6% on Monday after better-than-expected quarterly deliveries showed that Chief Executive Elon Musk's plan of boosting volumes through discounts was working. The leading U.S. manufacturer of electric vehicles was set to increase its market capitalization by around $50 billion to $900 billion, based on its premarket share moves. At $277, the stock has already more than doubled in value this year and risen far above price targets set by analysts, prompting caution from some brokerages that margins will suffer because of the aggressive discounting spree.  ( 7 min )

The global economy is at a critical juncture that could weigh on prosperity for years to come, the Bank for International Settlements warns.  ( 8 min )

The massive rally in Apple's shares is forcing some fund managers to revisit a thorny dilemma: they may not own enough of the stock. Apple’s share price has soared 49% so far this year, ballooning its weight in stock indexes to record levels and pushing its market capitalization over $3 trillion. That hefty weighting means moves in Apple’s shares have an outsized influence on index performance.  ( 8 min )

UBS has gone on a U.S. recruiting drive for wealth managers catering to rich Americans even as it considers culling 30% of its combined global workforce after its takeover of Credit Suisse. UBS recruited 50 financial advisers, including from Bank of America's Merrill Lynch unit, JPMorgan Chase's recently acquired First Republic Bank, Citigroup and Wells Fargo, on the first half of the year. Of those, 30 came after the Credit Suisse deal was announced in March.  ( 8 min )

The tech giant is scaling back the manufacturing of its Vision Pro goggles for 2024, the Financial Times reported.  ( 24 min )

Cryptos dropped last Friday following a report that the SEC called high-profile applications for Bitcoin ETFs inadequate. Traders now don't seem phased.  ( 27 min )

Indian refiners have begun paying for some oil imports from Russia in Chinese yuan, sources with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find alternatives to the dollar for settling payments. Western punishments over Russia's invasion of Ukraine have shifted global trade flows for its top export, with India emerging as the largest buyer of seaborne Russian oil even as it casts about for how to pay for it amid shifting sanctions. The U.S. dollar has long been the main global oil currency, including for purchases by India, but now the yuan is playing an increasingly important role in Russia's financial system because Moscow has been frozen out of the dollar and euro financial networks by international sanctions.  ( 9 min )

↗️ Tesla (TSLA): The electric carmaker's stock rose 6.3% premarket after the company posted a record quarter for sales. Other U.S. EV makers incl  ( 21 min )

The Supreme Court’s decision to eliminate affirmative action hits workplaces as diversity initiatives face pressure from supporters and skeptics.  ( 31 min )

(Bloomberg) -- Sweden’s embattled landlords are facing intensifying pressure to sell properties to raise cash, as $17 billion in debt matures over the next 18 months. Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla and BYD Post Record Sales on Surge in Electric-Car DemandFrench Riots Begin to Abate Even as Economic Costs MountSingapore’s Star Banker Creates a Succession Dilemma for DBSWhile real estate companies have resisted forced sales, time to act  ( 9 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

Tesla announced second quarter deliveries of just 466,000 units Sunday, a record and about 4% higher than the roughly 445,000 to 447,000 Wall Street was looking for. Now analysts are weighing in.  ( 24 min )

Stock futures were mixed Monday ahead of the shortened holiday week but there were still plenty of movers in early trading.  ( 24 min )

The battery arm of Japan's Panasonic will need to build around four more factories to meet a plan to sharply boost annual capacity of batteries for electric vehicles by 2031, its head of technology told Reuters. The comments from Panasonic Energy Chief Technology Officer Shoichiro Watanabe mark the first time the Telsa supplier has given a clear indication of the number of additional factories it will need. It could also fuel expectations of more investment by Japanese companies into the United States, after Washington and Tokyo struck a deal in March that is key to giving Japanese manufacturers wider access to U.S. electric-vehicle (EV) tax credits.  ( 7 min )

(Bloomberg) -- Tesla Inc. and BYD Co. set sales records in the second quarter, widening their lead as the world’s best-selling electric-car makers.Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountTesla, BYD Post Record Sales on Demand for Electric VehiclesSingapore’s Star Banker Creates a Succession Dilemma for DBSElon Musk-led Tesla delivered 466,140 cars worldwide, outpacing Wall Street estimates. BYD  ( 8 min )

U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by wildfires and hurricanes. Higher reinsurance rates can affect the premiums which insurers charge to their customers. U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said.  ( 6 min )

Lowe’s is topping home-improvement rival Home Depot this year, as we thought it would. Rite Aid stock dropped to a multidecade low.  ( 24 min )

(Bloomberg) -- Southeast Asia is home to some of the world’s worst-performing stock indexes this year after foreign funds rotated out of the region into technology-heavy markets in North Asia. Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla, BYD Post Record Sales on Demand for Electric VehiclesUnited May Cut Newark Flights as It Seeks More Gates to Stem DelaysMost of the equity benchmarks in the  ( 7 min )

Oil and gas companies have intensified the hunt for new deposits in a long-term bet on demand, as they reinvest some of the record profits from the fossil fuel price surge driven by the Ukraine war, according to data and industry executives. The exploration revival - on the part of European majors in particular - reflects a renewed commitment to oil and gas after Shell and BP went back on pledges to reduce output and invest in renewables as part of the energy transition. It responds to pressure from a majority of investors to maximise their oil and gas profits rather than invest in lower margin renewable energy businesses.  ( 9 min )

Barron’s checked in with investment strategists for their best advice for the second half of the year.  ( 24 min )

Bond investors could be in luck for the rest of 2023 if market indicators signalling central banks will take policy tightening too far and tip their economies into recession prove accurate. Headline inflation has eased but underlying pressures remain high, keeping central banks hawkish. Canada resumed tightening and Britain and Norway made big moves in June, while U.S. Federal Reserve and European Central Bank officials at last week's Sintra forum signalled more rate hikes.  ( 8 min )

(Bloomberg) -- The yuan spiked in opening trading Monday, in a hint that authorities may have taken another tool back out of the box to help stabilize the under-pressure currency.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla, BYD Post Record Sales on Demand for Electric VehiclesUnited May Cut Newark Flights as It Seeks More Gates to Stem DelaysThe onshore yuan jumped as much as 0.5% to trade ex  ( 6 min )

The big question for the day is how will investors greet Tesla's announcement on Sunday that it delivered a record 466,000 vehicles in the second quarter, topping market estimates of around 445,000. Back in the real world, China's Caixin/S&P Global survey of manufacturing showed a slowdown to 50.5 in June, but that was not as bad as the 50.2 feared. The People's Bank of China again pushed back on a weaker yuan by fixing the currency well above expectations, but these official fixings are having less and less of an impact in the market and offshore dealers are testing to see if Chinese banks actually sell dollars to support the yuan.  ( 7 min )

Billionaire Masayoshi Son said he would make SoftBank “the investment company for the AI revolution” but he missed out on the most recent frenzy.  ( 30 min )

(Bloomberg) -- In Harare, Zimbabwe, home to the world’s biggest stock market rally, the gains come at break-neck speed: 5%, 10%, even 20% in a single session. Tally them up, and the market is up an astonishing 800% on the year. Most Read from BloombergIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnFrench Riots Begin to Abate Even as Economic Costs MountTesla, BYD Post Record Sales on Demand for Electric VehiclesSingapore’s Star Banker Creates a Succession Dilemma for DBSBut in a  ( 8 min )

The yen remained hunkered just below the psychologically important barrier of 145 per U.S. dollar on Monday, while the dollar was on the back foot after U.S. economic data last week showed slightly easing inflation and consumer spending. The yen weakened 0.03% to 144.38 per dollar in early Asian hours to kick start the second half of the year having dropped 9% against the dollar in the first six months of the year. Against the euro, the yen was hovering at 157.495, below the 15-year low of 158 it touched last week.  ( 8 min )

Investing.com -- Shares of Chinese electric vehicle makers surged on Monday, amid increased optimism over the sector after the largest players in the country clocked a sizeable jump in vehicle deliveries through June  ( 7 min )

(Bloomberg) -- Asian shares were primed to open higher Monday as positive momentum from a rally on Wall Street and signs of moderating US inflation underpinned support for global stocks.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla Tops Expectations as Price Cuts Lift Deliveries to RecordDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsFutures contracts for equities in Japan, Austr  ( 9 min )

(Bloomberg) -- Tesla Inc. delivered a record 466,140 cars worldwide in the second quarter, outpacing Wall Street estimates.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla Tops Expectations as Price Cuts Lift Deliveries to RecordDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsThe results, posted Sunday, demonstrated that Chief Executive Officer Elon Musk’s vow to chase volume by cutt  ( 8 min )

Bitcoin traded flat above US$30,000 while most other leading token were mixed. Litecoin and Solana saw the biggest gains among the top 10 tokens.  ( 8 min )

Oil prices slipped in early Asian trade on Monday as global macroeconomic headwinds and possible further interest rate hikes from the U.S. Federal Reserves offset forecasts of tighter supplies amid OPEC+ cuts. Brent crude futures dropped 20 cents, or 0.3%, to $75.21 a barrel by 0044 GMT after settling up 0.8% on Friday. Fears of a further slowdown hurting fuel demand grew after data on Friday showed U.S. inflation still outpacing the central bank's 2% target and stoked expectations it would hike interest rates again.  ( 7 min )

Nederlanders betaalden in 2022 ruim 1,2 miljard keer met iDEAL. Op Black Friday verwerkte het bedrijf een recordaantal van 6,1 miljoen betalingen.  ( 3 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Directeur Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

De ruim 61.000 werknemers op mbo's kunnen rekenen op een flinke loonsverhoging, die voor de lagere inkomens kan oplopen tot 12 procent. Verder krijgen zij een eenmalige beloning van 1.000 euro bruto. Ook worden de jeugdlonen vanaf achttien jaar afgeschaft.  ( 3 min )

De Autoriteit Consument & Markt (ACM) heeft dinsdag groen licht gegeven voor een miljoeneninvestering van investeringsmaatschappijen Verlinvest en JamJar in Tony's Chocolonely.  ( 4 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Directeur Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

Minimaal tienduizenden Nederlanders met zonnepanelen kwamen zondag bedrogen uit. De prijs van stroom zakte tot onder nul, waardoor ze moesten betalen om de energie die ze niet gebruiken, terug te leveren aan het net. Die rekening kon oplopen tot enkele tientjes.  ( 4 min )

Investeringsmaatschappij Verlinvest mag chocoladefabrikant Tony's Chocolonely overnemen. Dat heeft de Autoriteit Consument & Markt maandag bepaald.  ( 4 min )

Waar we na de coronapandemie koste wat het kost op vakantie moesten, is de reislust voor de komende zomervakantie behoorlijk bekoeld. Voorzitter Frank Oostdam van reiskoepel ANVR spreekt van een behoorlijke dip in het aantal boekingen.  ( 4 min )

Saoedi-Arabië gaat de vrijwillige verlaging van de olieproductie met een maand verlengen. Dat meldt de oliestaat in een verklaring die is gepubliceerd door staatspersbureau Saudi Press Agency.  ( 3 min )

Saoedi-Arabië gaat de vrijwillige verlaging van de olieproductie met een maand verlengen. En dat is slecht nieuws, want dat kan ervoor zorgen dat benzine en diesel aan de Nederlandse pomp mogelijk nog duurder wordt.  ( 3 min )

Het kabinet wil het aanbod van duurzame energie in de komende decennia zoveel mogelijk uitbreiden. Daarbij moet de overheid strakkere controle houden over de aanleg van alle benodigde kabels en elektriciteitsstations, zodat er geen schaarste ontstaat.  ( 5 min )

Als het aan minister Carola Schouten (Armoedebeleid) ligt, krijgt een deel van de uitwonende studenten een eenmalige energietoeslag van 400 euro.  ( 3 min )

Klanten van ING kunnen vanaf vandaag contant geld opnemen zonder betaalpas, maar met een zogenoemde cashcode. Die kun je opvragen via de ING-app.  ( 3 min )

De ruim 61.000 werknemers op de mbo's kunnen rekenen op een flinke loonsverhoging, die voor de lagere inkomens kan oplopen tot 12 procent. Verder krijgen zij een eenmalige beloning van 1.000 euro bruto. Ook worden de jeugdlonen vanaf achttien jaar afgeschaft.  ( 3 min )

Klanten van ING kunnen vanaf vandaag contant geld opnemen zonder betaalpas, maar met een zogenoemde cashcode. Die kun je opvragen via de ING-app.  ( 3 min )

Schiphol breidt de mogelijkheid uit om een tijdstip te reserveren om door de beveiligingscontrole te gaan. In eerste instantie kon je hier alleen gebruik van maken als je binnen Schengen reisde. Nu kan het in principe voor alle vliegreizen.  ( 3 min )

De 20 miljoen euro die vandaag beschikbaar was als tegemoetkoming in de studiekosten vanuit de overheid, was binnen twee uur vergeven. Het is ruim 24.000 mensen gelukt om een aanvraag te doen.  ( 4 min )

Ons gebruik van sociale media verandert. We plaatsen minder over onszelf op Facebook, maar delen juist meer in kleine WhatsApp-groepen met vrienden of familie. Jongeren ruilen Instagram in voor TikTok. Al die veranderingen zijn voor Facebook-moederbedrijf Meta een grote uitdaging.  ( 4 min )

De Europese Unie overweegt een Russische bank weer toegang te geven tot het wereldwijde financiële systeem. Die stap is nodig om de graandeal te redden.  ( 3 min )

Heineken neemt afscheid van de Nederlandse Pepsi-bottelaar Vrumona. De bierbrouwer wil zich meer richten op bieren in plaats van de zoete Vrumona-drankjes. Een Deens frisdrankbedrijf koopt het onderdeel over.  ( 3 min )

Kunstmatige intelligentie als ChatGPT maakt het voor cybercriminelen makkelijker om malware te ontwikkelen. Ook helpt AI kwaadwillenden om bijvoorbeeld phishingmails geloofwaardiger te maken. Daarvoor waarschuwt de Nationaal Coördinator Terrorismebestrijding en Veiligheid (NCTV).  ( 4 min )

Autofabrikant Tesla heeft met de verkoop van 466.140 auto's een geslaagd tweede kwartaal achter de rug. Dat is 83 procent meer dan een jaar eerder.  ( 3 min )

Vandaag om 10.00 uur gaat het loket voor het STAP-budget in de huidige vorm voor het laatst open. Daarna worden de regels aangepast, maar het is nog niet bekend hoe precies. Na dit jaar stopt de regeling helemaal.  ( 4 min )

Klanten van Albert Heijn zien nog te vaak andere bedragen op de kassabon dan ze in de winkel zien, meldt de Consumentenbond. Zo hangen er bij 'prijsfavorieten' borden met een lager bedrag dan de klant daadwerkelijk afrekent.  ( 3 min )

Er zit weinig schot in de klimaatafspraken die het kabinet wil maken met de twintig grootste CO2-uitstoters. Het kabinet wilde de onderhandelingen dit jaar al afronden, maar het blijft voorlopig bij een handvol intentieverklaringen.  ( 7 min )

Mastercard's Payment Network segment brings in the most revenue. Its International Markets drive geographic growth as well as the bulk of revenues.  ( 20 min )

Airbnb's business in North America brings in half of the revenue for the company.  ( 20 min )

The quick answer to this question is that an IPO can be shorted upon initial trading, but it is not an easy thing to do at the start of an offering.  ( 19 min )

Monoline refers to the practice of specializing in a single line or discipline of the financial services business.  ( 19 min )

Scale in is the process of purchasing shares in increments once a stock dips to a certain price and continuing to buy until the stock stops falling.  ( 19 min )

European Medicines Agency (EMA) is a government entity that promotes access to and approval of medications in European countries.  ( 19 min )

Explore detailed analysis and information of some of the most popular exchange-traded funds tracking the long- and short-term high-yield municipal bond market.  ( 20 min )

Credit default insurance is a financial agreement to mitigate the risk of loss from default by a borrower or bond issuer.  ( 19 min )

Financial independence is not easy, but with careful planning and a little bit of luck it is possible.  ( 23 min )

The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies  ( 22 min )

Binance is a cryptocurreny exchange that offers additional blockchain-specific services.  ( 25 min )

The Russell 1000 Index, a subset of the Russell 3000 Index, represents the 1000 top companies by market capitalization in the United States.  ( 21 min )

The companies that make up the S&P 500 are called its constituents and include many well-known names that represent the premier companies in their industries. Find out which 25 stocks top the list.  ( 22 min )

The Russell 2000 Index measures the performance of the 2,000 smaller stocks that are listed in the Russell 3000 Index.  ( 24 min )

Top growth stocks this month include Applied Digital, TG Therapeutics, and Immunovant, all of whose share prices have all gained more than 400% in the past year.  ( 24 min )

Personal consumption expenditures is a measure of consumer spending and includes all goods and services bought by U.S. households. Learn more about PCE and how it's used.  ( 27 min )

Though the U.S. has the largest economy in terms of GDP, not all parts of it are made equal. Here's how GDP and GDP per capita differ in each state.  ( 23 min )

The debt-to-GDP ratio measures the proportion of a country's national debt to its gross domestic product.  ( 24 min )

GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 24 min )

Real gross domestic product is an inflation-adjusted measure of the value of all goods and services produced in an economy.  ( 29 min )

A consumption tax is a tax on the purchase of a good or service; or a system taxing people on how much they consume rather than what they add to the economy (income tax).  ( 22 min )

Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of banking and lending institutions, usually in response to laws enacted by the Congress.  ( 26 min )

The Canada Mortgage and Housing Corporation (CMHC) is the national housing agency of Canada, providing mortgage loans to prospective home buyers.  ( 23 min )

ETFs are one of the simplest ways to trade gold. Learn when is the most favorable time to day-trade gold ETFs, and how to take advantage of price movement.  ( 26 min )

Here are five inaccurate investing statements that make someone sound like an amateur. Discover some tips on how to think more like a market professional.  ( 21 min )

Return on Capital Employed (ROCE) is a financial ratio that measures a company's profitability and the efficiency with which its capital is employed.  ( 27 min )

The London Interbank Bid Rate is the average interest rate at which major London banks bid for eurocurrency deposits from other banks in the interbank market.  ( 21 min )

Going public is the process of selling shares that were formerly privately held to new investors for the first time.  ( 21 min )

Learn how using stock screener tools makes finding good stocks easy by filtering a database for certain types of financial and performance criteria.  ( 22 min )

An accredited investor has the financial sophistication and capacity to take the high-risk, high-reward path of investing in unregistered securities sans certain protections of the SEC.  ( 27 min )

A profit-sharing plan, also known as a deferred profit-sharing plan (DPSP), gives employees a share in the profits of a company.  ( 22 min )

Discover some companies that serve as primary automotive parts suppliers for the Honda Motor Co. in the United States.  ( 19 min )

The present value interest factor of annuity is a factor that can be used to calculate the present value of a series of annuities.  ( 23 min )

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.  ( 33 min )

The companies that make up the S&P 500 are called its constituents and include many well-known names that represent the premier companies in their industries. Find out which 25 stocks top the list.  ( 1 min )

A potential rebound in oil prices, reduced dealmaking in the oil and gas industry, increased consumption of renewable energy, and rising U.S. crude output could define the global energy market in the second half of 2023.  ( 1 min )

A commodity market is a physical or virtual marketplace for buying, selling, and trading commodities. Discover how investors profit from the commodity market.  ( 28 min )

Series A, B, and C funding rounds are important opportunities for new companies to gain crucial financial support. Learn more about these rounds and how they work.  ( 28 min )

Gross profit and EBITDA show the profitability of a company in different ways. Know what goes into each one before investing in a company's stock.  ( 22 min )

An anticipation note is a short-term obligation issued to meet temporary financing needs with the expectation that future cash flows will repay the note.  ( 18 min )

Learn about the history of United Parcel Service Inc., and the shipping company's top institutional and insider shareholders.  ( 22 min )

If you have a second mortgage as well as a primary, does it make sense to consolidate into a single loan? Here's how to decide.  ( 23 min )

A banknote is a negotiable promissory note, which a bank can issue. Discover more about them here.  ( 22 min )

Forced technology transfer (FTT) is a practice in which a domestic government forces foreign businesses to share their tech in exchange for market access.  ( 20 min )

The American Insurance Association (AIA) was a property-casualty association that merged with the Property Casualty Insurers Association of America (PCI) in 2019.  ( 20 min )

A hedge fund is an investment partnership—a design that has grown into a multi-trillion-dollar industry.  ( 24 min )

Consumer durables, also known as durable goods, are consumer goods that do not wear out quickly and therefore do not have to be purchased frequently.  ( 22 min )

Learn the primary differences between the various types of investment banks: bulge bracket, middle-market, and boutique, including elite and regional boutiques.  ( 23 min )

Unfortunately, predatory lease agreements are common. As a renter, here are five red flags to watch for when shopping for a new apartment.  ( 22 min )

An incremental tax is a tax that increases in increments based on tax brackets defined by income levels.  ( 20 min )

Find out how aggregate demand is calculated in macroeconomic models. See what factors can cause the aggregate demand curve to shift left or right.  ( 22 min )

Though many of today’s video games are not educational, there are still opportunities for kids to learn about money while playing for fun.  ( 24 min )

Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.  ( 29 min )

Labor market flexibility allows companies to make decisions about their labor force in response to market changes and to help boost production.  ( 22 min )

The top United Airlines shareholders are Oscar Munoz, J. Scott Kirby, Brett J. Hart, Vanguard Group Inc., Primecap Management Co., and Capital International Investors.  ( 21 min )

An Associate in Loss Control Management (ALCM) was a professional designation offered by the Insurance Institute of America (IIA).  ( 19 min )

A revoked IRA is a retirement savings account that is canceled by the account holder seven days or less after it was established.  ( 23 min )

Economists' crystal balls are pretty cloudy when looking at the rest of 2023 amid conflicting data, with many seeing a slowdown ahead while differing on whether we’ll get a recession.  ( 18 min )

The 2023 Supreme Court affirmative action decisions (Harvard & UNC) exclude using race as a factor in college admission policies. Whether this would result in color-blind admission policies or numerous lawsuits over opaque procedures remained to be seen.  ( 21 min )

Learn about robo Roth IRAs and if you should consider using a robo-advisor to manage your Roth IRA.  ( 23 min )

Like most companies, the major U.S. stock markets are open for trading on normal business days only.  ( 22 min )

Political economy is a branch of the social sciences that focuses on the interrelationships among individuals, governments, and public policy.  ( 27 min )

Top exchange-traded funds (ETFs) offer a cost-effective way for investors to diversify. ETFs for July with the best 1-month return include BKCH, FEMB, PFFR, UNG, and FXC.  ( 20 min )

More traders are placing bets on market volatility than at any point since the outbreak of COVID-19, potentially a sign of uncertainty bubbling below the surface of a buoyant market.  ( 18 min )

Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 33 min )

The dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.  ( 29 min )

Percentage change is used for many purposes in finance, often to represent the price change of a stock, expressed as a percentage. Learn how to calculate percentage change.  ( 23 min )

If the system is rigged, as Warren sees it, it must be broken and remade. Here's how she plans to.  ( 27 min )

(Bloomberg) -- International Business Machines Corp. is prioritizing helping Japan’s chipmaking startup Rapidus Corp., with a senior executive describing the budding foundry business as vital to securing long-term global supply.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla Tops Expectations as Price Cuts Lift Deliveries to RecordDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsRapi  ( 9 min )

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Amid a week of updates on U.S. labor market data, the Federal Open Market Committee will release minutes from its June monetary-policy discussion.  ( 24 min )

(Bloomberg) -- Oil was little changed as the second half kicked off, with traders focused on challenges to demand and a complex supply outlook.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla Tops Expectations as Price Cuts Lift Deliveries to RecordDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsBrent crude held above $75 a barrel after capping a string of four quarterly losses last  ( 7 min )

The Gemini cofounder cited his decade-old filing for a spot Bitcoin ETF-like trust, also rejected by the SEC.  ( 7 min )

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Without his critical work, we wouldn't have rechargeable lithium-ion batteries and all the products that are powered by them. Another story you might have missed was a feature article about Porsche and how CEO Oliver Blume thinks the company can achieve greater profit margins and push into the luxury segment. After a series of deadly fires, New York City is getting a $25 million emergency grant from the federal government to fund the installation of 170 micromobility charging and storage stations in 50 locations.  ( 11 min )

The stock market's strong year has essentially been driven by less than 20 stocks. But could the second half of the year see some surprise winners that have under-performed thus far?  ( 10 min )

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If you follow financial TV news, business newspapers, or social media, you’ll see there is no shortage of skeptics anchored in stale recession calls who’ll go to great lengths to spin good data into something less rosy.  ( 13 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Tesla's second-quarter deliveries rose 83% from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of U.S. government tax credits. The vast majority of the sales were Tesla's popular Model 3 and Model Y versions. Tesla's sales were better than Wall Street expectations.  ( 7 min )

Chamath Palihapitiya warned of “deeply inexperienced” VCs who “don't even know how to ask the basic questions.”  ( 7 min )

Tesla released its second quarter production and delivery numbers on Sunday, easily beating expectations as the effects of the electric-vehicle maker’s price cuts, combined with federal EV tax credits, are boosting sales.  ( 7 min )

Tesla delivered 466,140 vehicles in the second quarter of 2023. Wall Street was looking for roughly 445,000 to 447,000 units.  ( 24 min )

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Of the four working generations, those born between 1997 and 2012 are more likely to say their work is frustrating and overwhelming.  ( 10 min )

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In a shortened holiday week, investors will be focused on Friday's key jobs report while readings on the manufacturing and services sectors will also highlight a disjointed schedule.  ( 10 min )

When choosing where to set aside money for retirement, you need to weigh your options carefully. You're likely going from one main income source to multiple smaller income sources when you retire. You may also want buy some security for your … Continue reading → The post Life Insurance vs. Roth IRA: Retirement Guide appeared first on SmartAsset Blog.  ( 9 min )

Health insurance doesn't cover your teeth. Your teeth can cause pain, get infected and need treatment, just like any other part of the body. But when it comes to actually getting treatment the standard health insurance doesn't cover it. Instead, you … Continue reading → The post Dental Savings Plan vs. Insurance: Pros and Cons appeared first on SmartAsset Blog.  ( 10 min )

Contributing after-tax dollars to a 401(k) might appeal to you if you'd like to be able to withdraw funds tax-free in retirement. Should you decide to leave your job you might be wondering if it's possible to roll over an … Continue reading → The post How to Convert After-Tax Dollars From 401(k) to IRA appeared first on SmartAsset Blog.  ( 9 min )

Meat and dairy companies could face higher feed costs, while grain shippers and farm suppliers might reap gains.  ( 30 min )

Top exchange-traded funds (ETFs) offer a cost-effective way for investors to diversify. ETFs for July with the best 1-month return include BKCH, FEMB, PFFR, UNG, and FXC.  ( 20 min )

If you want money or assets to go to a specific person after your death, you need to specify that in writing. An estate planning attorney is key to this process.  ( 8 min )

The most storied name on Wall Street is under a microscope as it fights to maintain its crown as world's top dealmaker.  ( 10 min )

Americans believe they will need $1.27 million to retire comfortably, according to the latest set of findings from Northwestern Mutual's 2023 Planning & Progress Study. That number continues to increase, up from $1.25 million reported last year. High-net-worth individuals – those with more … Continue reading → The post Americans' Magic Number for Retirement Rises to $1.27 Million appeared first on SmartAsset Blog.  ( 8 min )

(Bloomberg) -- Chinese President Xi Jinping’s elevation of a long-serving technocrat as the central bank’s top Communist Party official signals policy makers will avoid any drastic shifts for now as the world’s second-biggest economy struggles to regain momentum.Most Read from BloombergDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysFrench Riots Over Killing Start to Ease as Economic Costs MountTaylor Swift Is Making M  ( 8 min )

Typicpally known for his genial disposition, Jeremy Hunt is taking no prisoners when it comes to banks’ treatment of savers.  ( 9 min )

The A.I. 'hype curve' could be nearing its peak and investors expecting the 'greatest thing since sliced bread' may end up disappointed.  ( 12 min )

Saudi Arabia plans to deepen its collaboration with Hong Kong, using the city as the bridge to mainland China to spur its transformation under the Vision 2030 economic plan, said the minister in charge of the kingdom's digital infrastructure. Key areas of collaboration with Hong Kong include fintech, technological entrepreneurship and strategies to attract the funding of venture capitalists (VC), said the Saudi Minister of Communications and Information Technology Abdullah Al-Swaha. Health scien  ( 9 min )

The shares have suffered their worst first-half performance relative to nonpayers since 2009.  ( 29 min )

The electric-car maker is expected to release second-quarter global deliveries amid stiffening EV competition.  ( 29 min )

The Japanese stock market is roaring again as companies known for amassing cash hand it back to shareholders via dividends and buybacks.  ( 24 min )

The S&P 500 has risen on the final day of trading before the holiday in 67 of the last 95 years, according to Dow Jones Market Data.  ( 24 min )

(Bloomberg) -- Pacific Investment Management Co. Chief Investment Officer Daniel Ivascyn is preparing for a “harder landing” than other investors as central bank chiefs prepare to continue raising interest rates, he said in an interview with the Financial Times.Most Read from BloombergDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysTaylor Swift Is Making More Than $13 Million a Night on Her TourUkraine Recap: Wagner Fo  ( 6 min )

The oil market has flashed a warning to Saudi Arabia: The world economy is weakening, and the kingdom’s efforts to boost prices have run into a wall of excess supply.  ( 30 min )

Regrets offer insights that can help people think and plan better at every life stage.  ( 30 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

The investment bank has held talks about offloading its Apple retail banking products to American Express, The Wall Street Journal and CNBC reported.  ( 7 min )

Het kabinet wil voor 2030 ruim 900.000 woningen gebouwd hebben. Daarvan zouden er volgens de Woonbond 350.000 sociale huur moeten worden. En niet 250.000, zoals nu is afgesproken. Daarnaast wil de bond dat er miljarden extra geïnvesteerd worden in nieuwbouw.  ( 4 min )

Olie- en gasconcern Shell handelt nog altijd in Russisch gas, hoewel het bedrijf had toegezegd daarmee te stoppen. Dat meldt activistengroep Global Witness, die gegevens over grondstoffenhandel heeft geanalyseerd.  ( 3 min )

Toonaangevend zijn kan ook nadelen hebben. Dat heeft chipmachinefabrikant ASML de afgelopen tijd gemerkt. Het Veldhovense bedrijf mag al een tijdje zijn geavanceerdste machines niet meer verkopen aan China en daar komen in september extra beperkingen bij.  ( 5 min )

Toonaangevend zijn kan ook nadelen hebben. Dat heeft chipmachinefabrikant ASML de afgelopen tijd gemerkt. Het Veldhovense bedrijf mag al een tijdje zijn geavanceerdste machines niet meer verkopen aan China en daar komen in september extra beperkingen bij.  ( 5 min )

Een Canadese vastgoedbelegger heeft eerder deze week 6.900 huurwoningen in Nederland te koop gezet. Wat betekent dit voor de huurders, en voor de Nederlandse huizenmarkt?  ( 5 min )

Na twintig jaar soebatten komt er vandaag eindelijk een nieuw pensioenstelsel. Hierbij krijgen we allemaal persoonlijke potjes en veranderen pensioenen sneller op basis van beleggingsresultaten. Maar het is nog een overgangsfase. Stap voor stap belandt iedereen in het nieuwe pensioenpotje.  ( 5 min )

We kennen Extinction Rebellion vooral van de blokkades op de A12. De naar schatting tienduizend klimaatactivisten zijn overwegend vrijwilligers en combineren hun hart voor de klimaatzaak veelal met een betaalde - vaak parttime - baan.  ( 4 min )

More traders are placing bets on market volatility than at any point since the outbreak of COVID-19, potentially a sign of uncertainty bubbling below the surface of a buoyant market.  ( 1 min )

A federal court yesterday ordered the crypto exchange to provide names, physical addresses, and social security numbers.  ( 6 min )

This week, we're covering Netflix quietly axing its basic plan in Canada, the IRL social app shutting down after it was discovered that most of its users were fake and the blockbuster sales of the Flipper hacking device. Also in store, TC has reporting on Lenovo's Yoga Book 9i dual-screen laptop, DeepMind's next chatbot to rival ChatGPT and Robinhood acquiring a credit card startup. Netflix axes basic plan -- in Canada: Netflix has quietly killed the $9.99 CAD per month basic plan in Canada for new subscribers.  ( 9 min )

A normally boring corner of the UK investment market is wobbling, highlighting the potential trouble ahead for corporate debt exposed to inflation. Most Read from BloombergDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysFrench Riots Over Killing Start to Ease as Economic Costs MountTaylor Swift Is Making More Than $13 Million a Night on Her TourUkraine Recap: Wagner Forces Said to Be Regrouping in BelarusThames Water,  ( 8 min )

(Bloomberg) -- Upcoming readouts of the US labor market are projected to show more moderate yet still healthy job growth, an historically low unemployment rate, cooler wage gains and fewer vacancies. Most Read from BloombergDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysTaylor Swift Is Making More Than $13 Million a Night on Her TourTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyChina’s Econ  ( 10 min )

(Bloomberg) -- Bond traders are bracing for another tumultuous week in which key employment data could push yields on 10-year Treasuries toward 4%, a level that market watchers see luring investors into government debt.Most Read from BloombergChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyTaylor Swift Is Making More Than $13 Million a Night on Her TourChina’s Economic Woes Are Multiplying — and Xi Jinping  ( 8 min )

The top shareholders of Virgin Galactic are Adam Bain, Michael A. Colglazier, Michael Patrick Moses, Virgin Investments, SCH Sponsor, and Vanguard Group.  ( 19 min )

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A taxpayer-backed microchip champion has launched operations in the US after warning that meagre support from Britain could force it to move operations abroad.  ( 7 min )

Less-than-truckload carrier ABF Freight announced a new five-year collective bargaining agreement has been ratified by its union employees. The post Teamsters at ABF Freight ratify new labor deal appeared first on FreightWaves.  ( 7 min )

United States stock markets will be closing early on Monday, July 3, 2023, in honor of the 4th of July holiday.  ( 6 min )

Walgreens plans to close 150 stores in the U.S. and 300 locations in the U.K. as part of its cost-saving strategy in a challenging market.  ( 7 min )

CEO David Auld moved up four slots on the Fortune 500 despite a mortgage rate shock. His secret? "increased incentives...and adjusted base pricing"  ( 11 min )

Li Auto, XPeng, and NIO deliver a combined 51,902 vehicles in June, a record for any month and up from 41,280 delivered in June 2022.  ( 24 min )

The investment-banking giant is weighing whether to end its partnership with Apple, the Wall Street Journal reports.  ( 24 min )

Financial jargon is so confusing that 34% of Americans say they "don't know where to start" when it comes to retirement planning, according to a new survey from Unbiased.com. In fact, the analysis found that the majority of adults say … Continue reading → The post Report Says "Financial Jargon" Has 34% of Americans Doubting Retirement Plans appeared first on SmartAsset Blog.  ( 7 min )

Vital Energy, CTI BioPharma, and Applied Digital are top U.S. stocks in the Russell 3000 in July 2023 for value, growth, and momentum, respectively.  ( 24 min )

President Joe Biden's Saving on a Valuable Education (SAVE) plan hopes to find a different way to bring debt relief to millions of borrowers following the Supreme Court's ruling in Department of Education v. Brown.  ( 20 min )

(Bloomberg) -- As the trillion-dollar AI rally gathers pace, pity the humans on Wall Street trying to figure out this gravity-defying market.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysChina’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy FixPutin’s Bid to Reassert Kremlin Authority Is Showing CracksA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity  ( 9 min )

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The dividend announcements from JPMorgan and four other banks were a show of strength from the industry's giants.  ( 9 min )

Network infrastructure and 5G technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that is set to expire at the end of 2023. The deal, which enables Apple to use the Finnish company’s technology in its products, covers Nokia’s inventions in 5G and other technologies. The terms of the agreement announced late Friday remain confidential.  ( 7 min )

The biggest retirement savings vehicles like 401(k) accounts remain employer sponsored, even though a growing share of Americans are now freelancers, contractors or work for platforms like Uber and DoorDash.  ( 33 min )

Shares in sawmill and wood-products companies are rebounding this year as home construction recovers.  ( 30 min )

Money manager GMO betting big on cheap stocks and bonds backed by commercial real estate  ( 32 min )

Bitcoin Holds Above $30,000 While Ether Rallies 4%  ( 7 min )

A shortage of parts and technicians, more complex auto technology, and older cars on the road are creating a perfect storm; Ford and GM are concerned.  ( 26 min )

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Artificial-intelligence software is eating the software industry, as companies turn to generative AI tools to save money on programmers. It’s a sign of what’s to come for many white-collar workers.  ( 31 min )

The bond market's notorious recession gauge is showing a hard landing is coming for inflation, not the economy, Bank of America said.  ( 8 min )

"Not everything that China does in the market now shows up in the PBoC's balance sheet."  ( 8 min )

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The fundamentals of financial literacy are not being passed along equally to all Americans. Read more about the studies and what is being done to address the gap.  ( 30 min )

Diversification is an investment strategy based on the premise that a portfolio with different asset types will perform better than one with few.  ( 30 min )

Socialism is an economic and political system based on public or collective ownership of the means of production and that emphasizes economic equality.  ( 33 min )

The top shareholders of Virgin Galactic are Adam Bain, Michael A. Colglazier, Michael Patrick Moses, Virgin Investments, SCH Sponsor, and Vanguard Group.  ( 19 min )

In a reverse mortgage, a crossover loss occurs when the loan balance exceeds the property value at the time that the loan pays off.  ( 22 min )

Active index funds track an index but add a layer of active management to attempt to capture greater returns than those offered by the underlying index.  ( 22 min )

An indifference curve is a graph used in economics that represents when two goods or commodities would give a consumer equal satisfaction and utility. Learn how it works.  ( 25 min )

Depressed is a state or condition of a market characterized by slumping prices, low volume, and lack of buyers.  ( 21 min )

The Job Openings and Labor Turnover Survey (JOLTS) counts U.S. job vacancies and separations, including the number of workers quitting their jobs.  ( 21 min )

The 2011 U.S. Debt Ceiling Crisis was a contentious debate on the borrowing limit of the United States government in July 2011.  ( 25 min )

Bond rating agencies are companies that assess the creditworthiness of both debt securities and their issuers. Discover more about them here.  ( 24 min )

Earning power refers to a business's ability to generate profit from conducting its operations. The Basic Earning Power ratio is one way to measure earning power.  ( 21 min )

Vital Energy, CTI BioPharma, and Applied Digital are top U.S. stocks in the Russell 3000 in July 2023 for value, growth, and momentum, respectively.  ( 24 min )

President Joe Biden's Saving on a Valuable Education (SAVE) plan hopes to find a different way to bring debt relief to millions of borrowers following the Supreme Court's ruling in Department of Education v. Brown.  ( 19 min )

As many as 50.7 million are expected to fly, drive, or take other forms of travel this Independence Day, breaking the 2019 pre-pandemic record.  ( 17 min )

A billion-dollar industry, Formula 1 teams earn money based on performance as well as through investments and sponsorships. In 2022, Formula 1 brought in a total of $2.57 billion, driven by record attendance and expanded global viewership.  ( 19 min )

In the language of mergers and acquisitions, battleground terms meld with bizarre metaphors to create a unique vocabulary.  ( 21 min )

Learn about the origins of oil, how its price is determined, and what effect its correlation with natural gas prices has on the global economy.  ( 27 min )

A stock dividend is a payment to shareholders that is made in additional shares rather than in cash.  ( 26 min )

A 409A plan is a non-qualified deferred compensation plan for compensation that has been earned but not received. It can be a tax-saving strategy for high earners.  ( 21 min )

Open interest is the total number of outstanding derivative contracts, such as options or futures, that have not been settled.  ( 23 min )

Vanaf vandaag betaal je een toeslag voor wegwerpbekers of -bakjes van plastic. Ook moet het overal mogelijk zijn om je koffie in een herbruikbare beker te krijgen. Die is beter voor het klimaat, als we hem inderdaad netjes hergebruiken.  ( 5 min )

China heeft er bij Nederland op aangedrongen geen misbruik te maken van exportbeperkingen op producten uit de chipindustrie. Dat staat in een verklaring van het Chinese ministerie van Handel.  ( 3 min )

Wouter Koolmees, president-directeur van de NS, wil dat er vanaf 2026 een spitsheffing komt op treinkaartjes op drukke trajecten. Dat zegt hij in een interview met de Volkskrant. Hoeveel duurder de kaartjes dan moeten worden, zegt hij niet.  ( 4 min )

Na twintig jaar soebatten komt er vandaag eindelijk een nieuw pensioenstelsel. Hierbij krijgen we allemaal persoonlijke potjes en veranderen pensioenen sneller op basis van beleggingsresultaten. Maar het is nog een overgangsfase. Stap voor stap belandt iedereen in het nieuwe pensioenpotje.  ( 4 min )

De Britse was- en levensmiddelenconcern Unilever heeft weer een Nederlander aan het roer. Hein Schumacher is per 1 juli aangetreden als de nieuwe topman van het bedrijf achter merken als Dove, Knorr, Rexona en Magnum.  ( 3 min )

Na twintig jaar soebatten komt er vandaag eindelijk een nieuw pensioenstelsel. Hierbij krijgen we allemaal persoonlijke potjes en veranderen pensioenen sneller op basis van beleggingsresultaten. Maar het is nog een overgangsfase. Stap voor stap belandt iedereen in het nieuwe pensioenpotje.  ( 4 min )

Vital Energy, CTI BioPharma, and Applied Digital are top U.S. stocks in the Russell 3000 in July 2023 for value, growth, and momentum, respectively.  ( 1 min )

A federal judge on Friday said Pilgrim's Pride, Sanderson Farms, Tyson Foods and several other companies must face private antitrust litigation accusing them of conspiring to inflate broiler chicken prices by reducing supply. Restaurants, supermarkets, distributors and consumers have accused chicken producers of having conspired starting in 2008 to inflate prices, through tactics such as restricting production and sharing nonpublic data about supply and demand. In a 90-page decision, U.S. District Judge Thomas Durkin in Chicago said reasonable jurors could find it more likely than not that Pilgrim's Pride, Sanderson and Tyson conspired to fix prices.  ( 7 min )

Longer Treasury yields have been lower than short-term yields for a year now. Normally that’s a signal for a slump. With inflation falling and a banking crisis in the past, investors seem ready to “look past” a shallow recession.  ( 24 min )

Warren Buffett's conglomerate now owns over 25% of Occidental Petroleum, with 224 million shares worth $13 billion.  ( 7 min )

Analysts weigh in on Analysts Weigh In on Delta Air Lines, Snowflake, Cars.com and CarGurus, Xponential Fitness, Texas Roadhouse, and Warner Music.  ( 24 min )

A U.S. stocks rally is cruising into a month that has proven strong in recent years, though equities must navigate employment data and an earnings season that could be precarious, with the Federal Reserve bent on raising U.S. interest rates. The S&P 500 defied recession fears and a U.S. banking crisis to notch a 15.9% gain in the first half. The Nasdaq Composite powered ahead 31.7% for its biggest first-half increase in four decades.  ( 8 min )

Several banks announced payout increases after markets closed Friday.  ( 24 min )

(Bloomberg) -- A former director in Wells Fargo & Co.’s subscription finance group sued the bank alleging he faced racial bias in personal dealings, client allocation, performance reviews, his bonus and, finally, his firing.Most Read from BloombergDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysTaylor Swift Is Making More Than $13 Million a Night on Her TourTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelli  ( 8 min )

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A judge’s decision could allow the deal to go ahead, or give the FTC permission to block it.  ( 24 min )

U.S. banks including JPMorgan Chase, Wells Fargo , Goldman Sachs and Morgan Stanley hiked their dividends on Friday after sailing through the Federal Reserve's annual health check, which showed they have enough capital to weather a severe economic downturn. JPMorgan, the biggest U.S. bank by assets, intends to increase its quarterly stock dividend to $1.05 per share, from $1.00 for the third quarter, while Wells Fargo will boost its dividend in the same period to 35 cents a share from 30 cents, the companies said. Goldman Sachs' dividend will rise to $2.75 a share from $2.50, while Morgan Stanley's will increase to 85 cents share from the current 77.5 cents.  ( 6 min )

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Nvidia led the gains in both the Nasdaq 100 and the S&P 500. Salesforce led the Dow industrials.  ( 24 min )

The Biden administration unveiled three efforts to help student loan borrowers.  ( 8 min )

(Bloomberg) -- Apple Inc.’s surge this year has officially made the iPhone-maker the first company with a $3 trillion market value, but at least one metric is pointing to a pullback in the near-term.Most Read from BloombergDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysTaylor Swift Is Making More Than $13 Million a Night on Her TourTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyChina’s Econo  ( 8 min )

Thousands of shareholders have turned against AMC, objecting to a deal that would clear the way for the movie-theater chain to issue more stock.  ( 32 min )

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(Bloomberg) -- Carnival Corp. shares have never seen a month this good and at least one analyst says investors should be expecting more of the same. Most Read from BloombergChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysTaylor Swift Is Making More Than $13 Million a Night on Her TourTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyWall Street’s ‘Crystal Ball’ Shatters as Stocks Stage Big RallyStock Market Rally That Shocked Everyone Is Broadening Beyond  ( 8 min )

The tech giant's market capitalization opened above $3 trillion for the first time Friday, a milestone for the iPhone maker and wider technology sector.  ( 24 min )

American Express is in talks to take over Goldman’s card deal and other ventures with the tech giant.  ( 30 min )

"I don't see us getting back to 2% this year or next year," said the Fed chair - suggesting the central bank's fight against inflation is far from over.  ( 6 min )

The housing crunch in the United States has put potential sellers in a bind, leaving them reluctant to dive into a messy market flooded with high mortgage rates. Redfin CEO Glenn Kelman didn't mince words when highlighting the scarcity of housing inventory as one of the top concerns plaguing the market. He noted that political gridlock and financial challenges have hindered new construction and discouraged homeowners from listing their properties — especially when they have secured attractive 30  ( 8 min )

A U.S. judge on Friday ordered a new trial on damages against BNSF Railway in a privacy class action, in a ruling that wiped out an award of $228 million to truck drivers who accused the freight railway giant of unlawfully collecting their fingerprints. The ruling from U.S. District Judge Matthew Kennelly in Illinois upheld a jury's liability verdict that BNSF had violated the Illinois Biometric Information Privacy Act, which imposes restrictions on the collection and use of personal information such as retinal scans and fingerprints. But Kennelly said damages under the biometric law were discretionary, and so "BNSF is entitled to have a jury determine the appropriate amount of damages."  ( 6 min )

Frank Slootman says leaders must drive urgency and "seek the confrontation" or people "slow down to a glacial pace.”  ( 7 min )

Today's CD rates are at record levels, already paying their highest rates in almost 16 years. But will banks and credit unions raise them higher in July?  ( 18 min )

After selling Oracle stock for the first time in two years, founder Larry Ellison followed up with another big sale.  ( 24 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Electric vehicles, EVs, are getting plenty of headlines, and for good reason. There is a concerted push, both from governments and societal entities, to promote EVs over combustion-engine cars, and that has resulted in a global EV market currently valued at $250 billion. Almost all of the major auto manufacturers are producing EV models, and small, independent companies have been springing up in the larger markets for several years now. By 2028, the EV market is expected to reach unit sales of 1  ( 10 min )

Supply has continued to outpace demand in recent months.  ( 36 min )

If you don’t know how to close a checking account, this guide will walk you through the five steps you’ll have to complete and what common pitfalls to avoid.  ( 9 min )

How the Supreme Court’s rejection of President Biden’s student debt plan hits borrowers’ wallets  ( 26 min )

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The 60/40 portfolio isn’t dead. From utilities to junk bonds and energy pipelines, we offer ways investors can get high yields and appreciation.  ( 24 min )

In the automotive world, Tesla Inc. (NASDAQ:TSLA) is a market darling. After surging 137% year to date, the electric vehicle (EV) maker has a market cap of over $800 billion — more than 13 times that of Ford Motor Co. (NYSE:F). But according to CNBC's Jim Cramer, you'd be missing out if you ignore the Detroit-based automaker. Cramer recently visited Ford's headquarters and was impressed by what he saw. "From what I saw today with my own eyes and what I’ve heard from CEO Jim Farley, I think Ameri  ( 9 min )

The student loan forgiveness plan was designed to forgive up to $20,000 in student debt for some borrowers.  ( 24 min )

Large banks are starting to announce their dividend and other capital plans now that the results of the Federal Reserve’s annual stress tests have been announced. Wells Fargo &Company (NYSE:WFC) is raising its dividend nearly 17% to 35 cents a share in the third quarter. Wells said it expects its stress capital buffer to decrease to 2.9%, representing a percentage amount of incremental capital it needs to hold above its minimum requirements.  ( 7 min )

Coca-Cola will only see a limited impact if the world health agency classifies the artificial sweetener used in its Diet Coke, aspartame, as a possible carcinogen, thanks to its scale of production, analysts said on Friday. Such a classification of the popular additive in July by the World Health Organization's cancer research arm could cause consumers, food companies, retailers and restaurants to decide whether to fight back or find alternatives. But for Coca-Cola, whose low-calorie products accounted for a third of its total volumes sold in 2022, analysts said switching to a natural sweetener could be easier than many other companies that use aspartame.  ( 7 min )

A Raymond James analyst reaffirmed on his Strong Buy rating for Nvidia stock and his $450 price target.  ( 24 min )

Investors who chafe at having to take required minimum distributions (RMDs) each year have a new tool to help them reduce the tax bite of these withdrawals – and provide retirement income for life. A financial advisor can help you … Continue reading → The post New RMD Rules Let You Turn Charitable Donations Into Retirement Income for Life appeared first on SmartAsset Blog.  ( 8 min )

If they didn't save their refund, they could be on the hook for more debt.  ( 7 min )

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As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far. But some REITs have done quite well as earnings have improved or analysts have raised their positions. Acquisitions have played a part as well in some of the best performances. Take a look at the best REITs over the fir  ( 10 min )

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The Berkshire Hathaway CEO recognized that Apple was a great consumer brand and bought the stock cheaply.  ( 24 min )

The highest court in the land struck down the up to $20,000 in debt cancellation that the president announced last year.  ( 8 min )

Biden's new income-driven repayment (IDR) plan won’t result in immediate forgiveness, but could "result in less money out of pocket for a lot of borrowers."  ( 7 min )

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(Bloomberg) -- US consumer spending — the economy’s main engine — has lost steam for most of this year, portending weaker growth ahead while also helping to cool inflation.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysChina’s Economic Woes Are Multip  ( 8 min )

The U.S. Supreme Court's striking down of President Joe Biden's student loan forgiveness plan puts nearly half a trillion dollars of debt back on household balance sheets, a burden that combined with the end of a pandemic-era pause in payments on education loans may hasten an anticipated year-end economic slowdown. The court's 6-3 ruling on Friday, widely expected to go against Biden, comes just weeks after the White House and congressional Republicans struck a deal to lift the federal debt ceiling that included prohibiting any further extensions of the student debt payment hiatus put in place in early 2020 at the onset of the COVID-19 pandemic. The Education Department last week said loan payments would resume in October.  ( 8 min )

The Supreme Court has ruled the Biden administration overstepped its authority in trying to cancel or reduce student loan debt, effectively killing the $400 billion plan, which would have canceled up to $20,000 in federal student loans for 43 million people. Of those, 20 million would have had their remaining student debt erased completely. For instance, the government has other loan forgiveness programs that are still in effect, even if Biden's plan was struck down.  ( 8 min )

Stashing cash in a high-yield bank account is an easy way to earn a lot more interest on your money, and right now, you can earn 5.05% APY with the top money market account.  ( 19 min )

(Bloomberg) -- US regional banks and finance companies are increasingly selling off their consumer loans as funding them gets harder and more expensive, flooding private credit firms and hedge funds with requests to buy the debt at a discount. Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina Has $3 Trillion of  ( 10 min )

Nvidia upgraded, Apple initiated: Wall Street's top analyst calls  ( 9 min )

(Bloomberg) -- Tesla Inc. shares have soared 109% this year. In the coming days, one number will be much more important to investors: How many cars did the company deliver in the latest quarter?Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy FixChin  ( 8 min )

Constellation Brands' earnings came ahead of Wall Street expectations, hitting $2.91 per share in the fiscal first quarter.  ( 24 min )

↘️ Nike (NKE): Shares of the sneaker giant fell 2.5% after it reported weaker-than-expected earnings Thursday afternoon. The company indicated it would continue discounting items as it seeks t  ( 22 min )

The regulator informed Nasdaq and Cboe that recent filings from BlackRock, Fidelity and others aren’t sufficiently clear and comprehensive.  ( 31 min )

The milestone comes after a rip-roaring first half of 2023 for tech stocks, which has seen the Nasdaq rise 30% while Apple stock has gained more than 45%.  ( 8 min )

Investor sentiment has been upbeat for months now, as markets are rebounding strongly from recent troughs. The gains are real, amounting to ~15% on the S&P 500 and 30% on the Nasdaq. A recent note from Wells Fargo, however, reminds investors to keep a disciplined stance – the bull, while real, may be more fragile than it looks. As the investment bank puts it, “Following the recent equity market rally, investors may have reason to be optimistic. On June 8, S&P 500 Index gains exceeded 20% from th  ( 10 min )

If you save up $6 million by age 50, you'll position yourself for a long, comfortable retirement. However, you'll still need to navigate taxes, income calculations and economic forces, all of which can create financial pressure during your golden years. … Continue reading → The post Is $6 Million Enough to Retire at 50? appeared first on SmartAsset Blog.  ( 12 min )

When inflation surges and cash loses its purchasing power, retirees' hard-earned savings suddenly don't go as far as they expected. Inflation may also lead to widespread salary increases, but retirees typically don't benefit from wage growth because they've already left … Continue reading → The post How Important Is Social Security to Retirees in U.S. Cities? 2023 Study appeared first on SmartAsset Blog.  ( 9 min )

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Warner Bros. Discovery has faced an uphill battle since the completion of its $43 billion merger — but was it worth it?  ( 10 min )

An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs. The inflation index showed that prices rose 3.8% in May from 12 months earlier, down sharply from a 4.4% year-over-year surge in April. Core prices rose 4.6% in May from a year earlier, down slightly from the annual increase of 4.7% in April.  ( 8 min )

U.S.-listed shares of its peers Li Auto and Nio also rose 0.3% and 2.2%, respectively, in trading before the bell. Warren Buffett-backed BYD dominates the Chinese market and U.S. automaker Tesla is set to hit another record quarter in China, with sales in the country expected to increase 13% from the previous three months, analysts said. China was the biggest market for Tesla's Model Y electric sport utility vehicles in the first quarter of the year, helping it become the world's top selling vehicle during the period.  ( 7 min )

Constellation Brands first-quarter results topped Wall Street expectations on Friday, as the Corona beer maker benefited from higher pricing and steady demand for its alcoholic beverages. Alcohol manufacturers have increased prices to offset soaring costs of raw material, freight, packaging as well as rising wages and overhead expenses. Constellation's beer business posted an 11% increase in sales in the quarter ended May 31, mainly on strong growth across Modelo Especial, the Modelo Chelada brands as well as Corona Extra.  ( 7 min )

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Shares in the tech giant touched the $3 trillion market capitalization in Friday's premarket, and analysts at Citi say it could rally another 30% or so from here.  ( 24 min )

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A heavily competitive marketplace will restrain price increases at UPS, experts say. The post UPS may find it hard to pass along higher labor costs appeared first on FreightWaves.  ( 10 min )

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Stock futures climbed on Friday, as investors waited for an update on the Federal Reserve's preferred inflation gauge after hawkish comments from its policymakers.  ( 7 min )

Apple stock is initiated at Buy by analysts at Citi and the iPhone maker creeps closer to reaching a market cap of $3 trillion, Nike falls after the sneaker giant's earnings and guidance miss analysts' estimates, and traders ready for deliveries from Tesla to come over the weekend.  ( 24 min )

Hawkish remarks from Fed Chair Jerome Powell and strong economic data this week boosted bets that the U.S. central bank will continue to raise interest rates, but stock markets were buoyant on signs of strength in the U.S. economy. Despite a recent streak of losses, the three main U.S. indexes are on course to end June and the second quarter on a high note as investors expect the Fed's aggressive tightening will not derail the U.S. economy. The Fed's preferred inflation gauge, the Personal Consumption Expenditure index (PCE) for May, will be released at 8:30 a.m. ET.  ( 7 min )

Volkswagen is to cut electric car production at one of its biggest factories after “strong customer reluctance” led to far lower sales than expected.  ( 7 min )

Watch the pace of job creation in the jobs reports. Amidst AI complacency and a calm market, there could be some macroeconomic surprises.  ( 8 min )

(Bloomberg) -- California Governor Gavin Newsom for years had an enviable problem. His state was awash in cash.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencySwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina’s Economic Woes Are Multiplying — and Xi Jinping Has No Easy FixBank Giant Bigger Than Morgan Stanley Arises From India MergerThanks to the booming tec  ( 9 min )

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The hearing in San Francisco could decide the fate of one of tech’s largest-ever acquisitions.  ( 31 min )

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(Reuters) -Oil prices stayed steady on Friday with Brent poised for its first monthly gain this year, as a big drawdown in U.S. oil stocks outweighed concerns that fuel demand will be dented further by more interest rate rises. Brent crude futures for September delivery rose 4 cents or 0.1% to stand at $74.54 as of 0631 GMT. While it would be Brent's first monthly gain for 2023, it would mark a second for WTI after a gain in April.  ( 7 min )

Nvidia (NVDA) might have an issue selling high-end product to China again after a Wall Street Journal report claimed the US Commerce Department is mulling over restricting export of AI chips to its superpower rival. It wouldn’t be the first time the government tightens control over the sale of chips to China. Recall, last September, the Biden administration implemented regulations that prevented the semiconductor giant from exporting A100 and H100 chips to Chinese customers without obtaining a l  ( 8 min )

A billing statement is a monthly report that credit card companies issue to credit card holders that provides key information.  ( 22 min )

A primary account number is a unique identifier for a credit, debit, or other form of payment card.  ( 22 min )

A purchase annual percentage rate (APR) is the interest rate that credit cards charge on new purchases if you don't pay your balance in full first.  ( 23 min )

The issuer identification number (IIN) is the first few digits of a payment card number issued by a financial institution.  ( 22 min )

Dynamic currency conversion (DCC) is a service that lets you make a point-of-sale (POS) credit card purchase in a foreign country using your home currency.  ( 23 min )

A currency conversion fee is a charge that financial institutions or networks can impose when you convert one currency (such as U.S. dollars) into another (such as euros).  ( 22 min )

The merchant discount rate is a fee charged to a merchant for payment processing services on debit and credit card transactions.  ( 22 min )

An omnibus clause is an automobile liability insurance policy clause that extends coverage to individuals not named in the policy.  ( 19 min )

Paying off education debt can be a financial headache. Learn how to repay your student loans to get out of debt faster and save on interest charges.  ( 27 min )

There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 27 min )

With payments for federal student loan payments currently suspended, you can use this time wisely by putting your money to work in other areas.  ( 23 min )

The process for how to file for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 29 min )

Refinancing can lower your student loan payments. But does it make sense for your financial situation?  ( 23 min )

How to manage those burdensome payments as you embark on your adult life.  ( 25 min )

The Dow was up more than 300 points, led by Apple as tech stocks soared.  ( 16 min )

Income-based repayment plans and forgiveness for public service employees can help you erase student debt.  ( 32 min )

Student loans are available from both the federal government and private lenders. Federal student loans have more flexible repayment options.  ( 28 min )

Forward delivery is the final stage in a forward contract when one party supplies the underlying asset and the other takes possession of the asset.  ( 19 min )

Paying student loan interest during school will help you start your adult life with less debt. But it's not always the best decision.  ( 27 min )

The simplest presentation of capital employed is total assets minus current liabilities.  ( 22 min )

Castrol, Aral, Amoco, ampm and Thorntons are major companies owned by BP.  ( 21 min )

Watch out for these four major scams so you don't pay for free services or are a victim of identity theft, trashed credit, late fees, and more.  ( 27 min )

Here are some of the worst consequences of not paying your student loans, in addition to ways to help you if you’re struggling to pay.  ( 24 min )

When a security is ex-warrant, the buyer of that security is not entitled to attached warrants. They purchase the primary security, but not the warrants.  ( 20 min )

Eye care company Bausch + Lomb said it would pay $1.75 billion to acquire a portfolio of eye care products from Swiss healthcare giant Novartis.  ( 17 min )

Today's CD rates are at record levels, already paying their highest rates in almost 16 years. But will banks and credit unions raise them higher in July?  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

The FTC’s proposal covers fake reviews, pressure to take down negative reviews, and buying and selling fake social media likes and follows.  ( 17 min )

BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 20 min )

A toll revenue bond is a type of municipal bond whose principal and coupon are repaid from the toll revenues collected from the public project that was funded by that issue.  ( 21 min )

Rolling option offers a buyer the right to purchase the underlying security at a future date, as well as the choice to extend that right, for a fee.  ( 19 min )

Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 30 min )

A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 20 min )

The Supreme Court's ruling on student loan forgiveness has done little to change the divisions of opinion on the topic. Some are putting pressure on President Joe Biden to find another avenue to forgiveness while others are celebrating the decision.  ( 18 min )

Apple's market cap returned above $3 trillion on Friday after briefly breaching it in January 2022. It's the only publicly listed U.S. company to reach that level.  ( 17 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )

American Express is more than just a popular credit card issuer; it offers competitive savings account rates, too. Learn more about saving money with Amex.  ( 20 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 20 min )

A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 20 min )

Knowing the current student loan interest rates and ranges for July 2023 can help you figure out how much it could cost to borrow money for a college education.  ( 23 min )

Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )

Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 21 min )

Wondering how to get a business loan? This article provides tips and guidance on how to navigate the loan application process and increase your chances of approval.  ( 23 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 20 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum balance required.  ( 20 min )

TD Ameritrade is best for investors and traders alike, due to its educational programs and thinkorswim platform. Fidelity is a better value but has fewer features.  ( 23 min )

U.S. equity markets were sharply higher at midday on Friday, June 30, 2023, amid optimism that inflation is edging closer to the Fed's 2% target.  ( 16 min )

A bank lending survey is a questionnaire circulated by a country's central banking authority to assess the overall lending environment.  ( 19 min )

Nike shares dropped over 2% in early trading on Friday after reporting earnings that missed estimates as margins were squeezed by higher costs and markdowns amid a pullback in consumer spending.  ( 18 min )

The Supreme Court struck down President Joe Biden’s student loan forgiveness program Friday, ruling that the administration didn’t have the authority to cancel up to $20,000 per federal loan borrower.  ( 20 min )

Rates on 30-year mortgages surged after six prior days of continuous growth, gaining a total of 26 basis points. Most other averages were also up Thursday.  ( 20 min )

Effective net worth is shareholders' equity plus subordinated debt: the last loans to be repaid in the event of bankruptcy.  ( 19 min )

A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren't restricted to real estate. Here's what you need to know about a personal loan vs. a mortgage.  ( 23 min )

Unilever's Nutrition segment generates the most sales but the largest growth was driven by its Home Care segment.  ( 20 min )

The Fed’s preferred inflation gauge moderated in May to its slowest annual pace in two years, in a sign that the central bank’s rate hikes are having their desired effect in cooling price pressures.  ( 17 min )

The United States Census Bureau is a division of the Bureau of Commerce that is responsible for conducting the national census at least once every 10 years.  ( 19 min )

Curtailment is the act of restricting an activity or cutting it short. The word has several common uses in business and banking services.  ( 18 min )

An accumulation option is a policy feature of permanent life insurance that reinvests dividends back into the policy, where it can earn interest.  ( 20 min )

A canceled check is a check that has been paid or cleared by the bank it was drawn on and is marked "canceled" so that the check cannot be used again.  ( 22 min )

The Supreme Court is expected to issue its decision on President Biden’s student loan forgiveness program and a key inflation measurement could influence the Fed's decision on whether to raise interest rates. Here’s what investors need to know today.  ( 18 min )

By guiding families through a comprehensive planning process, financial advisors can help them build a solid foundation for their financial future.  ( 23 min )

The swap rate is a special kind of interest rate that is utilized for the calculation of fixed payments in a derivative instrument called an interest rate swap.  ( 24 min )

Affirmative action is a series of policies that aims to increase the opportunities provided to underrepresented members of society.  ( 24 min )

The London Interbank Offered Rate, or LIBOR—one of the most widely-recognized interest rate benchmarks of the past almost 40 years—will officially be retired today.  ( 17 min )

Notional value is a term often used to value the underlying asset in a derivatives trade. It refers to the total value of assets in a leveraged position.  ( 27 min )

The average monthly cost of a general liability policy for retail businesses is $66, but your premium will depend on your coverage choices and other factors.  ( 23 min )

If you’re buying cancel for any reason insurance, you want to find a policy that fits your unique travel needs. Learn what to look for to choose the best CFAR insurance.  ( 21 min )

SolarWinds generates most of its revenue from IT maintenance services, but product subscription revenue is growing the fastest.  ( 19 min )

Price rate of change (ROC) is a technical indicator that measures the percent change between the most recent price and a price in the past used to identify price trends.  ( 23 min )

Transgender people can get life insurance, but it might take more shopping around to find a suitable company and policy.  ( 27 min )

Life insurance underwriting will likely require you to apply as a male or female for now. Here's what else to know to smooth the process.  ( 29 min )

The Dow was up more than 300 points, led by Apple as tech stocks soared.  ( 1 min )

U.S. equity markets were sharply higher at midday on Friday, June 30, 2023, amid optimism that inflation is edging closer to the Fed's 2% target.  ( 1 min )

The Supreme Court is expected to issue its decision on President Biden’s student loan forgiveness program and a key inflation measurement could influence the Fed's decision on whether to raise interest rates. Here’s what investors need to know today.  ( 1 min )

Apple is het eerste Amerikaanse bedrijf dat op de beurs is gesloten met een waarde van meer dan 3 biljoen dollar (ruim 2,7 biljoen euro). Het aandeel van het techconcern hikte al enige tijd tegen de recordgrens aan.  ( 3 min )

Wie vanaf volgende week het Pantheon in Rome bezoekt, moet 5 euro entreegeld betalen. Daarmee is de tweeduizend jaar oude kerk niet langer een gratis attractie.  ( 3 min )

Als je de weerapp van Apple mag geloven, wordt het eind volgende week 30 graden en zonnig in Amsterdam. Maar op Weeronline wordt zo'n 26 graden met een druppel regen voorspeld. Waarom ziet de ene weerdienst het zonniger in dan de andere?  ( 4 min )

Mensen met een inkomen rond het sociaal minimum krijgen te weinig geld om van rond te komen. Vooral stellen met kinderen komen maandelijks tot honderden euro's tekort.  ( 6 min )

Het kabinet heeft in totaal 4 miljard euro toegekend aan achttien verschillende projecten. Het meeste geld gaat naar de ontwikkeling van circulaire zonnepanelen. Ook gaat er geld naar de bouw van schonere schepen.  ( 3 min )

Als je de weerapp van Apple mag geloven, wordt het eind volgende week 30 graden en zonnig in Amsterdam. Maar op Weeronline wordt zo'n 26 graden met een druppel regen voorspeld. Waarom ziet de ene weerdienst het zonniger in dan de andere?  ( 4 min )

Statistiekbureau CBS heeft bij het bepalen van de inflatie in juni een andere rekenmethode gebruikt. Het inflatiecijfer lijkt opeens hoger dan het cijfer volgens de vorige rekenmethode. Maar het inflatiecijfer van vorig jaar is juist lager met de nieuwe methode. Hoe kan dat?  ( 3 min )

Automobilisten tanken nog snel voordat brandstofprijzen zaterdag omhoogschieten door de hogere accijns. Daardoor is het al veel drukker dan op een normale vrijdag en raken benzinepompen leeg. Maar chauffeurs van tankwagens maken overuren om elk pompstation van nieuwe brandstof te voorzien.  ( 4 min )

Het kabinet moet het Groningenveld niet in twee stappen sluiten, maar in één keer. Dat adviseert het Staatstoezicht op de Mijnen (SodM). Volgens de toezichthouder is het belangrijk om de onzekerheid bij burgers weg te nemen.  ( 4 min )

Leraren op hbo's gaan flink meer verdienen. Volgens vakbonden CNV en FNV is er een principeakkoord over loonsverhogingen die oplopen tot 14 procent voor de lagere inkomens.  ( 3 min )

In bijna alle EU-landen zijn de prijzen in juni op jaarbasis minder hard gestegen dan in de maand ervoor. De gemiddelde inflatie is 5,5 procent, waar dat vorige maand nog 6,1 procent was. In april was het percentage zelfs nog iets hoger dan in mei.  ( 3 min )

Het kabinet moet het Groningengasveld niet in twee stappen sluiten, maar in één keer. Dat adviseert het Staatstoezicht op de Mijnen (SodM). Volgens de toezichthouder is het belangrijk om onzekerheid bij burgers weg te nemen.  ( 4 min )

Werknemers van het Chinese bedrijf Trip.com krijgen duizenden euro's van hun baas als ze een kind krijgen. Daarmee wil het reisbureau, dat ook in Nederland actief is, zijn medewerkers stimuleren om kinderen te krijgen in strijd tegen de vergrijzing in China.  ( 3 min )

Fabrikant van chipmachines ASML krijgt vanaf september nieuwe regels opgelegd voor de handel met China. Vanaf dat moment mag het Veldhovense bedrijf nog minder machines aan de Chinezen verkopen dan nu.  ( 3 min )

De prijzen van goederen en diensten zijn deze maand gemiddeld 5,7 procent hoger dan in dezelfde maand vorig jaar. Daarmee is de inflatie minder hoog dan vorige maand, toen die op 6,1 procent uitkwam.  ( 5 min )

Nederlanders zijn de laatste tijd voorzichtiger met het doen van aankopen in winkels. Onder meer in supermarkten en kledingzaken houden we vaker de hand op de knip. Alleen door hogere prijzen blijft de omzet in veel winkels op peil.  ( 3 min )

De prijzen van goederen en diensten zijn deze maand gemiddeld 5,7 procent hoger dan in dezelfde maand vorig jaar. Daarmee is de inflatie minder hoog dan vorige maand, toen die op 6,1 procent uitkwam.  ( 3 min )

Automobilisten grijpen nog gauw hun kans nu een volle tank benzine of diesel zaterdag enkele euro's duurder wordt. Want we gaan weer meer accijns betalen bij een tankbeurt. In de jacht op de nog goedkopere brandstof ontstaan er rijen bij tankstations en raken pompen mogelijk al leeg.  ( 6 min )

Eye care company Bausch + Lomb said it would pay $1.75 billion to acquire a portfolio of eye care products from Swiss healthcare giant Novartis.  ( 1 min )

In the UK, a bed and breakfast deal is when a trader sells a security one day and buys it or a similar asset back within 30 days.  ( 21 min )

The Series 28 is a financial exam for those seeking to become licensed recordkeepers or operations principals for broker-dealer firms.  ( 19 min )

A window of opportunity is a short period when a rare and desired action can be taken. Once the window closes, the opportunity may never come again.  ( 19 min )

Bad credit refers to an individual's history of not paying bills on time and the likelihood that they will fail to make timely payments in the future.  ( 25 min )

A credit rating is an assessment of the creditworthiness of a company or government—in general terms or with respect to a particular debt or financial obligation.  ( 30 min )

You can get a home equity line of credit (HELOC) at many banks, credit unions, and other lenders. Here's what to look for.  ( 22 min )

Air cargo insurance protects a buyer or seller of goods being transported through the air from damage, loss, and, in some cases, even shipment delays.  ( 19 min )

A home equity loan may be a lower interest rate than your current debt, but make sure you know all the risks before consolidating your debt into one.  ( 22 min )

JPMorgan and Goldman Sachs shares gained ground after passing the Fed's stress test, lifting other financials with them.  ( 18 min )

A subaccount charge is a type of fee charged by a bank or other financial institution for the management of a subaccount.  ( 18 min )

Affordability hits historic low as owner expenses consume one-third of income.  ( 17 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

Fidelity's Wise Origin Bitcoin Trust was previously rejected by the SEC, but a new filing from Cboe indicates Fidelity is making another attempt at getting regulatory approval for their bitcoin spot ETF.  ( 17 min )

A donee beneficiary receives intended benefits from a contractual obligation without technically being party to the contract.  ( 19 min )

Open source refers to software or other projects with source code that can be viewed, modified, or upgraded by anyone.  ( 18 min )

The Commercial Paper Funding Program (CPFF) was designed to increase the liquidity of the commercial paper market by providing funding to issuers.  ( 20 min )

Pending sales fell in May as elevated mortgage rates kept would-be homebuyers and sellers on the sidelines, according to the National Association of Realtors.  ( 17 min )

Learn how a single diagram allows you to see the effect that price, time, and volatility can have on potential gains and losses related to options trading.  ( 24 min )

Opening a forex account is the first step to becoming a forex trader.  ( 17 min )

A convention statement is a document filed by an insurance or reinsurance company that serves as its annual financial statement.  ( 21 min )

The Suriname dollar (SRD) is the ISO 4217 forex currency abbreviation for the Surinamese dollar, the currency for the South American country of Suriname.  ( 18 min )

Total spending on celebrating Independence Day 2023 is expected to jump 23%, an even- bigger increase than when the pandemic started to subside.  ( 17 min )

Forex traders can see substantial benefits from capital gains in the form of a small pip profit over time, but with considerable leverage, a single pip can result in a hefty return.  ( 20 min )

If you've narrowed your robo-advisor choice down to E*TRADE and TD Ameritrade, we can help you make that decision by detailing their differences.  ( 21 min )

Costco generates the large majority of revenue from merchandise sales, with foods and sundries comprising the largest share of revenue.  ( 20 min )

Various costs are associated with owning a small plane compared to renting a similar aircraft.  ( 21 min )

Nickel prices, that hit a 15-year high when Russia invaded Ukraine, have slipped as Indonesian production surged, but the remain elevated as the key component of EV batteries remains in high demand.  ( 18 min )

Don't try to run from the tax man. Penalties and interest charges can run your tax bill up even higher. Here are some tips that can help you out.  ( 27 min )

U.S. equity markets were higher at midday on Thursday, June 29, 2023, boosted by upbeat economic data and bank stress test results.  ( 16 min )

Eli Lilly said it will acquire Sigilon Therapeutics in an all-cash deal worth up to $309.6 million.  ( 17 min )

When stocks and home values surged during the pandemic, retirement portfolios boomed, leading at least one early retiree to ask: “Why the hell am I still working?” He was far from alone.  ( 20 min )

The Vietnamese Đồng (VND) is the official national currency of Vietnam.  ( 19 min )

Pfizer’s Primary Care segment, which consists of its internal medicine drugs and vaccines, makes up the bulk of its revenues  ( 21 min )

Luxury goods exemplify how irrational we can be. A decent, sturdy handbag can be bought for $50, yet people will still spend thousands on a brand name.  ( 23 min )

Frito-Lay and Quaker Oats are companies owned by PepsiCo, and seven segments manufacture and sell snack foods, branded foods, and beverages.  ( 20 min )

Sam’s Club offers store-only and Mastercard credit cards with several membership and rewards program options.  ( 26 min )

Shares of Joby, an electric aircraft firm, jumped as high as 30% in early trading after announcing an investment by SK Telecom, while regulators also approved test flights.  ( 17 min )

A message authentication code (MAC), or tag, is a security code that is typed in by the user of a computer to access accounts or portals.  ( 20 min )

OpenAI, the artificial intelligence (AI) company behind ChatGPT, has been hit with a lawsuit alleging it misused vast quantities of internet users’ private data to train its AI tools.  ( 18 min )

A nontraditional mortgage is a broad term for any mortgages that do not conform to standard mortgage characteristics.  ( 19 min )

An Abbreviated New Drug Submission (ANDS) is a written request to obtain marketing approval for a generic drug in Canada.  ( 18 min )

Rates on 30-year mortgages have tiptoed higher for a sixth day, gaining a total of 15 basis points. Most other averages were mildly up as well Wednesday.  ( 20 min )

Find out which factors can help you squeeze more profit out of each position.  ( 21 min )

Here’s everything you need to know about finding scholarships, including where to look, how to qualify, and when to begin your search.  ( 28 min )

Japanese car maker Toyota recorded a 10% increase year-over-year (YoY) in its global sales on the heels of recovering supply chains of semiconductors and other parts.  ( 17 min )

The EURO STOXX 50 Index is a market capitalization weighted stock index of 50 large, blue-chip European companies operating within eurozone nations.  ( 19 min )

Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 23 min )

Walmart is among the world's largest retailers, with its U.S. segment generating the most sales and profits.  ( 20 min )

In the United Kingdom, Additional Personal Allowance was an extra deduction set by HM Revenue & Customs on income tax returns and later abolished.  ( 23 min )

Fed Chair Jerome Powell said bank failures showed more regulation is needed and shares of Micron rose after the chipmaker beat revenue expectations. Here’s what investors need to know today.  ( 18 min )

3M's Safety and Industrial segment generates the most sales and profit  ( 20 min )

Gilt funds are a type of British investment fund that invests in gilt securities.  ( 19 min )

GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom and its territories.  ( 21 min )

Electronic money or eMoney exists in banking computer systems and is available for transactions through electronic systems.  ( 20 min )

Core durable goods orders refers to new orders for U.S. core durable goods, which are the total durable goods orders excluding transportation equipment.  ( 21 min )

Mulvaney says she faced “more bullying and transphobia than I could have ever imagined” after promoting the beer.  ( 29 min )

The stock market narrative is often defined by themes. Last year, energy stocks ruled the roost, driven by Russia’s invasion of Ukraine and the subsequent global energy crisis. In 2023, so far, tech stocks have been driving the gains while riding the AI trend. But according to billionaire Seth Klarman, the next big opportunity could lie in a bit of a surprising area. Considering the low occupancy rates in the post-Covid world and the persistent work-from-home trend, you might think the commercia  ( 10 min )

(Bloomberg) -- Apple Inc. has room to rally another 30%, according to Citigroup Inc., even after a surge that’s sent shares to a record high and the company toward a $3 trillion valuation.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejects Use of Race in University AdmissionsQatar Group Now Confident of Winning  ( 7 min )

Want to invest like Warren Buffett, but aren’t sure where to begin? One solid starting point may be the most undervalued names in Buffett's Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb) portfolio - stocks that are trading at dirt cheap prices vs. what their financial metrics would indicate. InvestingPro has you covered there with powerful tools that produce undervalued Buffett gems with one click.  ( 8 min )

Mortgage fees are changing under the new rules from the Biden administration’s Federal Housing Finance Agency. Because some borrowers with good credit may end up paying higher fees compared to those with lower credit scores, the change has sparked a discussion. Among the critics is Peter Schiff, CEO and chief global strategist at Euro Pacific Capital. During an interview posted on Schiff’s YouTube channel, the host shared his intention to buy a home but voiced concerns about getting punished if  ( 8 min )

Billionaire investor Ray Dalio has had a passion for investing since he was a boy. Growing up on Long Island in the early 1960s, Dalio bought his first stock at age 12. He used the money he earned as a caddy to invest in Northeast Airlines, the only company he knew of that was selling for less than $5 per share. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Although his strategy was naive, Dalio tripled his mo  ( 8 min )

(Bloomberg) -- Noubar Afeyan became a billionaire backing Moderna Inc., the dark horse biotech firm that became a household name due to its lifesaving Covid vaccine. He just added to his fortune after another one of his long-shot bets quintupled in value.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejects Use o  ( 8 min )

Nike beat the Street's estimates for fourth quarter sales after the bell on Thursday.  ( 7 min )

“Consumers may run out of their excess pandemic savings by the end of this year, but they have lots of other sources of purchasing power,” a veteran market watcher says.  ( 7 min )

Nike beat the Street's estimates for fourth quarter sales after the bell on Thursday.  ( 7 min )

Six active funds to transition as firm massively expands fund transition strategy.  ( 6 min )

Sluggish demand is capping shipping lines’ income. In response, at least one carrier is reportedly moving to limit losses on legacy charters. The post Container shipping trilemma: Weak rates, new ships, pricey charters appeared first on FreightWaves.  ( 9 min )

Ark Invest's Cathie Wood is known for investing in disruptive innovation. The super investor has placed big bets on artificial intelligence (AI), which is widely regarded as one of the most disruptive and transformative technologies today. Speaking of AI stocks, it's hard to ignore what Nvidia Corp. (NASDAQ:NVDA) has been doing. Shares of the chipmaking giant have surged 187% so far this year, and the company crossed $1 trillion in valuation. Ark Invest's flagship fund Ark Innovation ETF (NYSE:A  ( 9 min )

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The fate of what could be the priciest merger in tech industry history will soon be in the hands of a federal judge who must decide whether to stop Microsoft from closing its deal to buy video game company Activision Blizzard. Federal antitrust enforcers have sued to block the $69 billion acquisition that they say will harm competition between Microsoft and gaming industry competitors such as Sony and Nintendo. The Federal Trade Commission, which enforces antitrust laws, has asked U.S. District Judge Jacqueline Scott Corley to issue an injunction that would temporarily block Microsoft and Activision from closing the deal before the FTC's in-house judge can review it in an August trial.  ( 10 min )

'What transpired from that video was more bullying and transphobia than I could have ever imagined,' Mulvaney said in a TikTok posted on Thursday.  ( 24 min )

Countless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and has fallen only 3.4% from the peak in May 2022. Despite rising mortgage rates, buyers are finding little relief in home prices because of the massive shortage of supply. According to an analysis from Realtor.com, the gap between single-family home con  ( 6 min )

Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major looks to cull acreage after major shale acquisitions. The second-largest U.S. oil and gas producer last month agreed to buy shale firm PDC Energy Inc in a stock-and-debt deal worth $7.6 billion. In 2020, it acquired Noble Energy in a move that boosted its U.S. shale and international gas holdings.  ( 7 min )

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The International Brotherhood of Teamsters walked away from negotiations Wednesday, demanding that UPS give its “last, best, and final offer” no later than June 30. Teamsters officials did not say what time the Friday deadline was or what actions it might take if it is not met. “The largest single-employer strike in American history now appears inevitable,” said Teamsters General President Sean O’Brien, who accused UPS executives of hoarding profits instead of sharing them with workers.  ( 8 min )

Ronald Reid was the last person you would expect to be a millionaire. He used safety pins to hold his old coats together and cut his own firewood well into his 90s. He drove a second-hand Toyota Yaris and resisted new purchases. His only real indulgence may have been his daily English muffin and a cup of coffee at the Brattleboro Memorial Hospital in Vermont, where a friend remembered him sitting at the exact same stool every morning. In his career as a janitor and gas station attendant, he was  ( 7 min )

Charlie Munger, the 99-year-old billionaire and vice chairman of Berkshire Hathaway Inc., expressed his concerns about the United States heading toward another fiscal crisis. In an interview with the Financial Times, Munger highlighted the problematic situation of commercial property loans held by U.S. banks, stating that many of them would be deemed as “bad loans” because of declining property values. He emphasized that this indicates a negative outcome for the American commercial property mark  ( 9 min )

The S&P 500 has gained just over 20% from a major low point hit in early October, making it much pricier.  ( 24 min )

The inverted yield curve is a widely-followed economic indicator that's preceded every US recession since 1969.  ( 7 min )

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Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil producer. A new filing with the Securities and Exchange Commission shows that Berkshire bought another 2.1 million Occidental shares this week worth about $123 million. The latest purchases give Berkshire more than 224 million shares worth nearly $13 billion that have all been purchased over the past year and a half.  ( 7 min )

Big banks cleared the Fed stress tests Wednesday are could announce increased dividends Friday.  ( 24 min )

SoFi values a multiyear addressable student-loan refinance opportunity at around $200 billion, but J.P. Morgan sees only about a $90 billion opportunity for the financial-services firm.  ( 24 min )

Sigilon Therapeutics Inc (NASDAQ: SGTX) shares are skyrocketing after Eli Lilly And Co (NYSE: LLY) agreed to acquire the company for a purchase price of $14.92 per share in cash (an aggregate of approximately $34.6 million). Sigilon is also entitled to one non-tradeable contingent value right ("CVR") per share to receive up to an additional $111.64 per share in cash, for a total potential consideration of up to $126.56 per share in cash without interest (an aggregate of up to approximately $309.  ( 7 min )

The EV manufacturer is slated to report its second-quarter vehicle deliveries on Sunday. Wall Street expects about 445,000 units, a quarterly record.  ( 24 min )

ARK Invest has now cashed out of Tesla shares on six different occasions this month.  ( 24 min )

Harvard University and University of North Carolina Supreme Court decision on affirmative action raises questions about corporate diversity programs.  ( 12 min )

Three Florida men were arrested Thursday and charged with illegally making over $22 million by insider trading ahead of the public announcement that a special purpose acquisition corporation was going to take a media company owned by former President Donald Trump public. The charges were outlined in an indictment unsealed in Manhattan federal court. According to the indictment, the men were invited to invest in Digital World Acquisition Corp. and were provided confidential information that a potential target of DWAC and another acquisition corporation, Benessere Capital Acquisition Corp., was Trump Media & Technology Group.  ( 6 min )

AT&T Inc. (NYSE:T) CFO Pascal Desroches spoke last week at the Bank of America C-Suite Technology, Media and Telecommunications Conference, providing updates on the telecom giant’s performance and strategies. What Happened: Desroches reiterated AT&T's full-year free cash flow target of $16 billion or more for 2023. He also mentioned the company’s projected second-quarter free cash flow, expected to range between $3.5 to $4.0 billion. AT&T is tracking to just over 300,000 postpaid phone net addit  ( 8 min )

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Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 10 min )

Overstock.com decided to stop doing business online under its eponymous domain name after paying $21.5 million for the brand of Bed Bath & Beyond.  ( 8 min )

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Big Tech is having its best start to the year ever. But a different group may thrive in the second half.  ( 24 min )

As crypto bulls await a decision from regulators on a spot Bitcoin ETF, key economic data due Friday are likely to be a more immediate crypto catalyst.  ( 24 min )

Even people who love their job would most likely agree that its better not to work than to have to clock in every day. With that in mind, many Americans are looking to retire much earlier than the traditional age. … Continue reading → The post Can I Retire at 45 With $10 Million? appeared first on SmartAsset Blog.  ( 10 min )

With some bank CDs paying more than a 5% APY and some savings and money market accounts yielding around that figure too (as of June 2023), no one can blame investors if they've become tempted to keep a healthy chunk … Continue reading → The post Even With High Interest Rates, Should You Hold Cash in Your Portfolio? appeared first on SmartAsset Blog.  ( 8 min )

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Virgin Galactic's first commercial flight is slated for Thursday at 11 a.m. Eastern time.  ( 27 min )

Apple actually isn't the best performer in the S&P 500 so far this year.  ( 24 min )

A major provider of diabetes drugs and insulin, Lilly owned nearly 8.44% stake in Sigilon as of March 27. Sigilon shareholders will get an additional $111.64 per share if they achieve certain developmental and regulatory milestones, Lilly said. Shares of Sigilion soared more than eightfold in premarket trading to $34.48.The deal, which is expected to close in the third quarter of 2023, would give Lilly access to Sigilon's proprietary cell therapy candidate being developed to treat type 1 diabetes.  ( 7 min )

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Big Tech is having its best start to the year ever. But a different group may thrive in the second half.  ( 24 min )

Analysts at Piper Sandler led by Harsh Kumar increased their target for the stock's price in a research note.  ( 24 min )

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The rating on Disney shares was lowered to Sector Weight from Overweight by analysts at KeyBanc who gave it a price target of $85.  ( 24 min )

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Virgin Galactic's first commercial flight is slated for Thursday at 11 a.m. Eastern time.  ( 24 min )

Stock futures ticked higher on Thursday, as upbeat corporate updates vied with Federal Reserve hawkishness for investors' attention with the end of the first half near.  ( 7 min )

Apple inches toward $3 trillion market value, Buffett’s Berkshire Increases Occidental Stake to 25%, and other news to start your day.  ( 24 min )

Catch-up contributions are about to change. Starting in 2024, some workers who make catch-up contributions to employer-sponsored retirement plans, like a 401(k), will have to put this money in a Roth account. This means that they cannot deduct these contributions from … Continue reading → The post Earn Over $145k? You May Have to Pay Taxes on Your Catch-Up Contributions appeared first on SmartAsset Blog.  ( 9 min )

More than 16 million borrowers who thought their loans would be forgiven could have to repay.  ( 26 min )

Job candidates say an extreme vetting process by a security firm sometimes included questions about pornography and sexual histories; Gates’s office says such questioning would be unacceptable.  ( 27 min )

(Bloomberg) -- Wall Street’s biggest banks all passed the Federal Reserve’s annual stress test, clearing a key hurdle toward paying billions of dollars to stockholders — but with a mixed picture for potentially sweetening those rewards.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkrainePutin Claims He’s Back in Control. Russia’s Elite Isn’t SureQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm Mos  ( 9 min )

Bitcoin and Ether rose during Thursday afternoon trading in Hong Kong, while the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.  ( 7 min )

Shares of Micron Technology rise as the memory-chip maker says it expects margins to improve as 'industry supply-demand balance is gradually restored,' JPMorgan Chase and other big banks pass the Fed's annual stress test, and Virgin Galactic prepares for its first commercial space flight.  ( 24 min )

Big Tech is having its best start to the year ever. But a different group of stocks may thrive in the second half.  ( 24 min )

(Bloomberg) -- Wind turbines make money when they spin. But when they shake, it can cost billions. Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse WorkforceSiemens Energy AG is struggling to contain the fallout after discovering a ma  ( 10 min )

Not every hot stock is riding a speculative frenzy to crazy heights. Sometimes, the gains make sense.  ( 24 min )

(Bloomberg) -- Sosei Group Corp. has lost over half of its market value in just three days on concern about its outlook after Pfizer Inc. said Monday it will discontinue the partnered development of a diabetes and obesity drug.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Pr  ( 7 min )

Berkshire Hathaway purchased about $120 million of stock in recent days and now owns $12.9 billion of Occidental Petroleum.  ( 24 min )

(Bloomberg) -- Much of Russia’s existing gas export infrastructure points West. Unfortunately for Moscow, most of its gas customers are now to its East and a lot of the infrastructure it needs to supply them is yet to be built. This mismatch of pipelines and customers — which is likely to take years to resolve — forms part of a bigger question triggered by Moscow’s assault on Ukraine. The war has cut Russia adrift from Europe, its biggest gas export market. So what has Russia — which has the lar  ( 12 min )

Sum more than double the cost to other US lenders that channelled flood of deposits to cash  ( 11 min )

(Bloomberg) -- Swire Pacific Ltd. has become the second notable Hong Kong company to announce plans to offload assets in as many days as part of efforts to reduce debt in the face of rising borrowing costs.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over H  ( 9 min )

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Inventory has been tight recently, as 70% of homeowners are locked into mortgage rates below 4%, leaving many hesitant to sell.  ( 6 min )

The S&P 500 is up by 14% year-to-date but it has not gone unnoticed that the robust performance has been driven by strong displays from the tech mega-caps. According to Goldman Sachs strategist Lily Calcagnini, there are better investment opportunities right now further down the food chain. “Small stocks trade at a valuation discount relative to large caps, suggesting now is an attractive entry point for investors with multi-year investing time horizons,” Calcagnini explained. “Even within the l  ( 10 min )

JPMorgan and Goldman Sachs shares gained ground after passing the Fed's stress test, lifting other financials with them.  ( 1 min )

U.S. equity markets were higher at midday on Thursday, June 29, 2023, boosted by upbeat economic data and bank stress test results.  ( 1 min )

Fed Chair Jerome Powell said bank failures showed more regulation is needed and shares of Micron rose after the chipmaker beat revenue expectations. Here’s what investors need to know today.  ( 1 min )

Shares of Joby, an electric aircraft firm, jumped as high as 30% in early trading after announcing an investment by SK Telecom, while regulators also approved test flights.  ( 1 min )

Japanese car maker Toyota recorded a 10% increase year-over-year (YoY) in its global sales on the heels of recovering supply chains of semiconductors and other parts.  ( 1 min )

OpenAI, the artificial intelligence (AI) company behind ChatGPT, has been hit with a lawsuit alleging it misused vast quantities of internet users’ private data to train its AI tools.  ( 1 min )

Eli Lilly said it will acquire Sigilon Therapeutics in an all-cash deal worth up to $309.6 million.  ( 1 min )

Virgin Galactic heeft donderdagmiddag voor het eerst betalende klanten naar de rand van de ruimte gebracht. Een mijlpaal voor het ruimtevaartbedrijf van Richard Branson, dat al bijna twintig jaar werkt aan het aanbieden van dit soort toeristische vluchten.  ( 4 min )

De lonen in nieuwe cao's zijn in juni met gemiddeld 8,4 procent gestegen en dat is een record. Daarmee stijgen de lonen harder dan de prijzen, want de inflatie bedroeg in mei 6,1 procent.  ( 4 min )

De AKO maakt in 2024 op veertien stations plaats voor de Bruna. Het huurcontract loopt af en de NS wil de verkoop van rookwaren verbannen uit de stations. Voor de leeswinkel zijn de vestigingen dan niet langer rendabel.  ( 3 min )

Klanten van ING hebben opvallend vaak problemen met bijvoorbeeld internetbankieren. De bank presteert op dat punt slechter dan andere Nederlandse banken. Dat is erg vervelend, want we worden steeds afhankelijker van online bankdiensten en onze pinpas.  ( 5 min )

In Spanje is de inflatie in juni gedaald tot 1,9 procent. Daarmee is het het eerste Europese land waar de inflatie onder de 2 procent is beland. Dat percentage is het streven van de Europese Centrale Bank (ECB).  ( 4 min )

Nederland houdt in zijn migratiebeleid te weinig rekening met de ontwikkelingen en krapte op de arbeidsmarkt. Dat schrijft de Organisatie voor Economische Samenwerking en Ontwikkeling (OESO) donderdag in een rapport.  ( 3 min )

België heeft een oplossing gevonden om twee kerncentrales langer open te kunnen houden. Het land wordt samen met energieleverancier ENGIE eigenaar van de reactoren, die nu tot 2035 openblijven. Dat is tien jaar langer dan gepland.  ( 3 min )

Ruim 63.000 werknemers bij de veertien universiteiten in ons land krijgen een loonsverhoging van 9 procent. Verder kunnen zij rekenen op een eenmalige uitkering variërend van 1.200 euro voor de laagste schalen tot 800 euro voor de hoogste.  ( 3 min )

Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )

De loonafspraken aan de cao-tafels blijven aan de hoge kant. Binnen een week hebben meer dan 500.000 werknemers van supermarkten, drogisterijketen Etos en aanbieders van gehandicaptenzorg er minstens 10 procent bij gekregen. Het advies om gas terug te nemen lijkt aan dovemansoren gericht.  ( 5 min )

Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )

Het opzeggen van een online abonnement moet makkelijker worden, verkopen aan de deur moeten aan banden worden gelegd en mogelijk komen er strengere regels voor telemarketing. Dit moet consumenten beter beschermen tegen dubieuze praktijken.  ( 5 min )

Het aantal pakketjes dat we versturen is vorig jaar wat afgenomen. Dat hangt samen met de heropening van winkels na de coronapandemie, waardoor we weer zelf naar de winkel konden. Toch versturen we nog veel meer pakketjes dan in 2019.  ( 4 min )

Spaarders bij Rabobank krijgen vanaf 17 juli een hogere rente. Het rentetarief gaat van 1 procent naar 1,25 procent. De bank volgt hiermee het voorbeeld van ABN AMRO.  ( 3 min )

Pretpark de Efteling vreest dat een nieuwe attractie en een nieuw hotel straks niet vol kunnen draaien door een stroomtekort. De pretparkbeheerder heeft een nieuwe aansluiting aangevraagd, maar daarvoor is in Noord-Brabant een lange wachtlijst.  ( 3 min )

De oer-Hollandse vouwwagen is bezig aan een stille opmars. Het aantal vouwwagens is gestegen tot boven de 100.000. Samen met de caravan en de kampeerwagen bezit kampeerminnend Nederland nu meer dan 700.000 kampeervoertuigen.  ( 3 min )

Several banks provide the LGBTQ+ community with services that cater to their financial needs. Learn more about the support that LGBTQ+ friendly banks provide.  ( 26 min )

There are no time limits on filing a claim, although there are benefits to starting the process as soon as possible.  ( 22 min )

Annuities can have fixed or variable returns, and payouts can begin immediately or be deferred to a later date. Keep reading to learn how to make these major decisions.  ( 21 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 18 min )

A forward swap, often called a deferred swap, is an agreement between two parties to exchange assets on a fixed date in the future.  ( 18 min )

Concerns over trade restrictions with China and comments from Federal Reserve Chair Jerome Powell helped send the Dow Jones Industrial Average lower by 0.2%, or 64 points, Wednesday.  ( 17 min )

Learn more about the interactions between commodity, bond, stock, and currency markets and the insights they may provide for better investment decision-making.  ( 23 min )

A prepaid debit card can be used like a credit card, but you can only spend as much money as you have loaded on the card. Many of these cards come with significant fees.  ( 23 min )

The selling, general, and administrative expenses (SG&A) category includes all of the overhead costs of doing business.  ( 26 min )

Now that a Brexit deal has finally been reached, here’s what we know about the few winners and many losers of Brexit.  ( 28 min )

There are many different ways to invest in the UK for both residents and those overseas  ( 31 min )

A new lawsuit filed by the current management of failed crypto exchange FTX claims the former CCO is linked to "hush money" paid to two potential whistleblowers and lawyers to cover up fraud.  ( 19 min )

A premium bond is a UK savings account where you are automatically entered into a lottery to win cash.  ( 24 min )

Actor Rob McElhenney has a net worth of about $50 million, thanks to his nearly two-decade run as the creator and actor on the show It's Always Sunny in Philadelphia. McElhenney also has lucrative investments such as the soccer team, Wrexham AFC, and most recently, the Formula 1 team, Alpine.  ( 19 min )

Single entity coverage is a type of insurance policy that covers all real property in a condominium, including common areas and individual units.  ( 17 min )

Two of China's largest payment platforms began partnerships with Visa and Mastercard in 2019. Sidelined due to COVID, those partnerships are now expanding to allow foreign visitors to easily participate in China's popular mobile payments ecosystem.  ( 16 min )

Technically, shares are units of stocks, but the two terms are used interchangeably to refer to securities that denote equity ownership in a company.  ( 25 min )

Understanding how to buy bonds can save you money on fees and boost your returns. Read our tips on how to buy corporate and government bonds.  ( 24 min )

Learn how to calculate the cost basis for mutual funds, which is their original value, adjusted for stock splits, dividends, & capital distributions.  ( 24 min )

An investment fund is the pooled capital of investors that enables the fund manager make investment decisions on their behalf.  ( 18 min )

Passenger revenue has surged as travel demand continues to grow from the COVID-19 pandemic  ( 20 min )

A majority of global venture capitalists invested in AI over the past year, according to PitchBook and Collision.  ( 17 min )

Members of the European Central Bank and the European Commission have said the time is right for a digital euro currency, with strong privacy feautures.  ( 17 min )

U.S. equities were flat at midday on June 28, 2023 after Fed Chair Jerome Powell's latest commentary on monetary policy suggested the Fed might not be done raising rates to curb inflation.  ( 16 min )

Rates on 30-year mortgages have crept up for five days, gaining about an eighth of a point across the week. Most other averages were up as well, though jumbo rates were flat.  ( 20 min )

Running a full bitcoin node has its advantages for investors. Here are two of them.  ( 19 min )

Learn how Coca-Cola makes money with a unique business and distribution model that includes company-owned and franchised bottlers around the globe.  ( 22 min )

General Mills shares tumbled close to 5% in early trading on Wednesday after the company reported weaker-than-expected profit and sales as prices rose and shoppers pulled back.  ( 17 min )

Peloton's subscriptions are the main revenue and profit generators and are growing fast.  ( 20 min )

LGBTQ+ people have a variety of unique financial needs and priorities that financial influencers from LGBTQ+ communities can be well-positioned to speak to.  ( 24 min )

You can potentially negotiate lower debt with lenders by using some key strategies, including by paying a lump sum for debt forgiveness. Learn key tips for debt negotiation.  ( 25 min )

Newsletter for the latest financial news and trends with our newsletters..  ( 10 min )

The efficient frontier comprises investment portfolios that offer the highest expected return for a specific level of risk.  ( 22 min )

Netspend, the pre-paid debit card service, lets cardholders overdraw their accounts only if they have enrolled in its overdraft protection service.  ( 22 min )